Australia Westpac Consumer Confidence Index News Event – a possible $170 movement on EURUSD

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $170 movement on EURUSD within 2 hours following the event release at 09 Mar 23:30. We expect EURUSD to trend upwards 2 hours following the event release at 09 Mar 23:30 if the released value is < 110 Historical events that allowed us to draw this conclusion

19 Jan 23:30
10 Nov 23:30
15 Apr 00:30
10 Mar 23:30