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We expect a $680 movement on NZDUSD within 12 hours following the event release at 18 Sep 14:00.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a $680 movement on NZDUSD within 12 hours following the event release at 18 Sep 14:00. We expect NZDUSD to trend downwards 12 hours following the event release at 18 Sep 14:00 if the released value is > 75

Historical events that allowed us to draw this conclusion

14 Aug 14:00
12 Jun 14:00
15 May 14:00
13 Mar 14:00
14 Feb 15:00
06 Dec 15:00
11 Oct 14:00
13 Sep 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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