Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 30 pip movement on NZDUSD within 2 hours following the event release at 2023-02-10 15:00. We expect NZDUSD to trend upwards 2 hours following the event release at 2023-02-10 15:00 if the released value is > 65
Historical events that allowed us to draw this conclusion
13 Jan 15:00 |
09 Dec 15:00 |
12 Aug 14:00 |
15 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
