Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect NZDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect NZDUSD to trend downwards 4 hours following the event release at 2023-03-14 10:30 if the released value is < 79.1. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion

14 Feb 10:30	08 Nov 10:30
09 Aug 10:30	12 Jul 10:30
15 Jun 10:30

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