Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a 64 pip movement on AUDUSD within 12 hours following the event release at 2023-03-24 02:00. We expect AUDUSD to trend upwards 12 hours following the event release at 2023-03-24 02:00 if the released value is < -18.3 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
24 Mar 02:00

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