Based on the last 12 Consumer Confidence events in Japan, we expect a $770 movement on AUDUSD within 48 hours following the event release at 05 Jan 16:00. We expect AUDUSD to trend downwards 48 hours following the event release at 05 Jan 16:00 if the released value is < 39.8 Historical events that allowed us to draw this conclusion

02 Dec 16:00	30 Apr 15:00
29 Jan 16:00	06 Jan 16:00

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