Want to know why AUDUSD is going downwards for the next 2 hours?

Past performance is not an indicator of future results.
Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a $130 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards for the next 2 hours because the released value is > 94.5

Historical events that allowed us to draw this conclusion

07 Dec 15:00
09 Nov 15:00
14 Sep 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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