We expect AUDUSD to trend downwards for the next 2 hours.

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect AUDUSD to trend downwards for the next 2 hours. Based on these past events there is a 85.71% chance of this. This will happen because the released value is < -7 Historical events that allowed us to draw this conclusion

20 Jun 14:00

23 Apr 14:00

21 Mar 15:00

21 Dec 15:00

20 Sep 14:00

23 Aug 14:00

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