We expect a 111 pip movement on AUDUSD within 48 hours following the event release.

Based on the last 12 Consumer Confidence events in Japan, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 32

Historical events that allowed us to draw this conclusion

10 Apr 05:00

31 Jan 05:00

05 Jan 05:00

02 May 05:00

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