Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $400 movement on EURUSD within the next 12 hours. We expect EURUSD to trend upwards for 12 hours because the released value is > -14.5

Historical events that allowed us to draw this conclusion

19 Feb 02:00	22 Dec 02:00
21 Nov 02:00	22 Aug 00:00
23 Jun 00:00	24 Mar 02:00

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