AUDUSD will trend downwards right now

Past performance is not an indicator of future results.
We expect AUDUSD to trend downwards for the next 48 hours. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 85.71% chance of this. We expect this to happen because the released value is > 94.5. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 15:00

09 Nov 15:00

15 Jun 15:00

11 May 15:00

16 Mar 14:00

16 Feb 15:00

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

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