DELKOS 80% probability that EURUSD will trend down on Monday 23 Mar at 03:00 PM GMT if the EMU Consumer Confidence Flash number is greater than -15.

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This Monday 23 Mar at 03:00 PM GMT the latest EMU Consumer Confidence Flash number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 EMU Consumer Confidence Flash events, in which 4 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of EURUSD.

Here are images of the past events:

Thursday 20 Feb at 03:00 PM GMT:

Thursday 21 Nov at 03:00 PM GMT:

Friday 20 Sep at 02:00 PM GMT:

Tuesday 23 Jul at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance