Based on past Japan Consumer Confidence news events there is a 88.89% chance of AUDUSD trending upwards. We expect this to happen if the released value is < 35.7. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion
29 Jan 05:00 |
08 Jan 05:00 |
30 Oct 05:00 |
02 Oct 05:00 |
29 Aug 05:00 |
01 Jul 05:00 |
29 May 05:00 |
02 May 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
