We expect AUDUSD to trend downwards later today. Based on these past Japan Consumer Confidence news events there is a 71.43% chance of this. We expect this to happen if the released value is < 32. A price movement of 76 pips is expected. Historical events that allowed us to draw this conclusion

31 Oct 16:00	30 Sep 15:00
29 Jul 15:00	29 Jun 15:00
08 Apr 15:00

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