Based on past Euro Area Consumer Confidence Flash news events there is a 66.67% chance of BO trending downwards. We expect this to happen because the released value is < -19.6. A price movement of 139 pips is expected. Historical events that allowed us to draw this conclusion
23 Jan 15:00 |
22 Aug 14:00 |
20 Jun 14:00 |
23 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
