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 80% chance of this. This may happen if the released value is < 34.7 Historical events that allowed us to draw this conclusion
04 Mar 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 |
09 Apr 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
