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We could expect AUDUSD to trend upwards right now.

Based on the last 12 Consumer Confidence Flash events in Euro Area, we may expect AUDUSD to trend upwards right now. Based on these past events there is a 71.43% chance of this. We made this conclusion because because the released value is < -20.5. A price movement of 33 pips may be experienced. Historical events that allowed us to draw this conclusion

23 Mar 15:00
21 Dec 15:00
22 Nov 15:00
23 Aug 14:00
22 Jun 14:00

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

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