United States Michigan Consumer Sentiment Prel News Event – a $130 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $130 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend downwards 4 hours following the Michigan Consumer Sentiment Prel events in United States release because the released value is > 95.3. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

07 Dec 15:00
09 Nov 15:00
14 Sep 15:00
15 Jun 15:00
11 May 15:00
16 Mar 14:00

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

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