64 pip movement on AUDUSD expected

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < -16.8 Historical events that allowed us to draw this conclusion

24 Jan 02:00
21 Dec 02:00
23 Sep 00:00
21 Jul 00:00

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