Based on the last 12 Consumer Confidence Flash events in Euro Area, we could see a $390 movement on EURUSD within the next 4 hours. EURUSD could trend upwards for the next 4 hours because the released value is < -20.5 Historical events that allowed us to draw this conclusion

24 Mar 02:00	22 Dec 02:00
23 Nov 02:00	24 Aug 00:00
23 Jun 00:00

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