Michigan Consumer Sentiment Prel

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Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards 12 hours following the event release at 2023-05-12 14:00 if the released value is < 63. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion

17 Mar 14:00
11 Nov 15:00
16 Sep 14:00
13 May 14:00

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