We expect a $885.203 movement on USDCHF within the next 48 hours. We expect USDCHF to trend downwards 48 hours following the Westpac Consumer Confidence Index events in Australia release because the released value is > 108. A price movement of 79 pips is expected.

Historical events that allowed us to draw this conclusion

09 Dec 12:30	14 Oct 10:30
09 Sep 10:30	10 Jun 10:30

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