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We expect FF to trend downwards right now.

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect FF to trend downwards right now. Based on these past events there is a 75% chance of this. We expect FF to trend downwards for the next 48 hours because the released value is < 79. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

16 Aug 14:00
19 Jul 14:00

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

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