Euro Area Consumer Confidence Flash News Event – a possible $350 movement on AUDUSD

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $350 movement on AUDUSD within the next 48 ore. 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 Maggio 15:00

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

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