Based on the last 12 Consumer Confidence Flash events in Euro Area, EURUSD may trend downwards for the next 4 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > -20
Historical events that allowed us to draw this conclusion
21 Jan 15:00 |
21 Oct 14:00 |
21 May 14:00 |
22 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
