It depends on the Consumer Confident, if the actual goes down than the forecast, then it is a short position for sure.
Based on Support at level 1.08800, is testing the position.
We have a clear key level on AUDUSD chart on 0.69750, so if the candles starts to resist between levels 0.69800 and 0.69610, it is a possible reverse. SHORT POSITION. WAIT!
According to Market Rules, 1.12000 is a key level, we have a double top situation here, sell at 1.12000
My first analysis here on tradingview