Trade with an edge around todays United States Michigan Consumer Sentiment Prel news event

Past performance is not an indicator of future results.
Based on past United States Michigan Consumer Sentiment Prel news events there is a 71.43% chance of EURUSD trending downwards. We expect this to happen because the released value is > 94.5. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

09 Nov 15:00
14 Sep 15:00
15 Jun 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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