Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a 21 pip movement on AUDUSD within 2 hours following the event release at 20 Nov 15:00 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 20 Nov 15:00 UTC if the released value is < -17.7 Historical events that allowed us to draw this conclusion

22 Oct 14:00

23 Jul 14:00

22 Apr 14:00

20 Dec 15:00