We expect AUDUSD to trend downwards later today. Based on these past Australia Westpac Consumer Confidence Index news events there is a 80% chance of this. We expect this to happen if the released value is > 99.2. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
15 Sep 00:30 |
14 Apr 00:30 |
09 Mar 23:30 |
09 Feb 23:30 |