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We expect EURUSD to trend downwards today with a 83.33% chance.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. This will happen if the released value is < 92 Historical events that allowed us to draw this conclusion

16 Aug 14:00
19 Jul 14:00
14 Jun 14:00
12 Apr 14:00
18 Jan 15:00

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

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We expect PL to trend downwards today with a 80% chance.

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