We expect a $310 movement on AUDUSD within the next 4 hours. We expect AUDUSD to trend downwards 4 hours following the Consumer Confidence Flash events in Euro Area release because the released value is > -9. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

22 Oct 01:00	22 May 00:00
23 Apr 00:00	25 Mar 02:00

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