Euro Area Consumer Confidence Flash News Event – a possible $210 movement on AUDUSD

Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $210 movement on AUDUSD within 2 hours following the event release at 24 Mar 15:00. We expect AUDUSD to trend upwards 2 hours following the event release at 24 Mar 15:00 if the released value is < -14.5 Historical events that allowed us to draw this conclusion

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