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KC – a possible trend upwards with a 71.43% chance.

Based on the last 12 Consumer Confidence Flash events in Euro Area, KC could experience an upwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 4 hours because the released value is < -20.5. Historical events that allowed us to draw this conclusion

21 Dec 15:00
22 Nov 15:00
23 Aug 14:00
22 Jul 14:00
22 Jun 14:00

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

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We could expect AUDUSD to trend upwards right now.

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