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We expect AUDUSD to trend downwards right now.

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > -9

Historical events that allowed us to draw this conclusion

21 Oct 14:00
22 Sep 14:00
21 May 14:00
24 Mar 15:00

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

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