Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $350 movement on AUDUSD within the next 48 hours. We expect AUDUSD to trend upwards for 48 hours because the released value is < -3
Historical events that allowed us to draw this conclusion
23 Aug 15:00 |
23 May 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
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