Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect KC to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect KC to trend downwards 12 hours following the event release at 11 Mar 15:00 if the released value is > 61.4. A price movement of 427 pips is expected.
Historical events that allowed us to draw this conclusion
11 Jun 14:00 |
12 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
