Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $160 movement on EURUSD within 4 hours following the event release at 24 Jan 02:00. We expect EURUSD to trend downwards 4 hours following the event release at 24 Jan 02:00 if the released value is < -7.8 Historical events that allowed us to draw this conclusion

21 Dec 02:00
24 Oct 01:00
23 Aug 00:00
21 Jun 00:00
22 Mar 02:00