Based on the last 12 Consumer Confidence events in Switzerland, we could 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 02 May 07:00 if the released value is < -6.4. A price movement of 22 pips could result. Historical events that allowed us to draw this conclusion

01 Feb 08:00

04 Nov 08:00

04 May 07:00

15 Apr 09:30

04 Nov 06:45

03 May 05:45