We expect a $218.436 movement on USDCHF within 4 hours following the release of Westpac Consumer Confidence Index at 11 Nov 10:30. We expect USDCHF to trend upwards 4 hours following the event release at 11 Nov 10:30 if the released value is < 108. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 10:30	15 Jul 10:30
15 Apr 10:30	22 Jan 10:30

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