Based on past Australia Westpac Consumer Confidence Index news events there is a 80% chance of USDCHF trending downwards. We expect this to happen because the released value is < 80.5. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

09 Aug 10:30	15 Jun 10:30
11 May 10:30	09 Mar 10:30
09 Feb 10:30	15 Dec 10:30
13 Oct 11:30	11 Aug 10:30

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