Based on past Japan Consumer Confidence news events there is a 77.78% chance of AUDUSD trending upwards. We expect this to happen if the released value is < 29.1. A price movement of 23 pips is expected. Historical events that allowed us to draw this conclusion
31 Oct 05:00 |
30 Sep 05:00 |
29 Jul 05:00 |
08 Apr 05:00 |
03 Mar 05:00 |
31 Jan 05:00 |
05 Jan 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
