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 83.33% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 11 Jun 14:00 if the released value is < 84. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion

14 May 14:00

12 Feb 15:00

15 Jan 15:00

13 Nov 15:00

17 Jul 14:00