75% probability that AUDUSD may trend upwards

Based on the last 12 Consumer Confidence events in Japan, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 37

Historical events that allowed us to draw this conclusion

31 May 15:00
08 Apr 15:00
04 Mar 16:00
02 Dec 16:00
02 Oct 15:00
31 Aug 15:00

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