We expect EURUSD to trend downwards for the next 2 hours. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is > 84. A price movement of 49 pips is expected.

Historical events that allowed us to draw this conclusion

11 Dec 15:00

16 Oct 14:00

14 Aug 14:00

12 Jun 14:00