Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 23 Jan 15:00 if the released value is > -7.8. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

21 Nov 15:00

20 Sep 14:00

23 Jul 14:00