Based on the last 12 Consumer Confidence events in Japan, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is < 39.7. A price movement of 125 pips may be experienced. Historical events that allowed us to draw this conclusion
29 Sep 05:00 |
30 Aug 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
