Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $510 movement on EURUSD within the next 12 hours. We expect EURUSD to trend downwards for 12 hours because the released value is > -8.2

Historical events that allowed us to draw this conclusion

22 Nov 02:00

24 Jul 00:00

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