Australia Westpac Consumer Confidence Index News Event – a possible $108.342 movement on USDCHF

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $108.342 movement on USDCHF within the next 4 hours. We expect USDCHF to trend downwards for 4 hours because the released value is < 109 Historical events that allowed us to draw this conclusion

09 Jun 10:30
19 May 10:30
20 Jan 10:30
11 Nov 10:30

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