We expect AUDUSD to trend upwards right now.

Based on the last 12 Business Confidence events in Euro Area, we expect AUDUSD to trend upwards right now. Based on these past events there is a 77.78% chance of this. This will happen because the released value is < 0.08 Historical events that allowed us to draw this conclusion

27 Jun 09:00

28 May 09:00

29 Apr 09:00

30 Jan 10:00

08 Jan 10:00

30 Oct 10:00

30 Jul 09:00

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