Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $1,735.662 movement on USDCAD within 48 hours following the event release at 15 Jul 10:30. We expect USDCAD to trend upwards 48 hours following the event release at 15 Jul 10:30 if the released value is > 96

Historical events that allowed us to draw this conclusion

10 Jun 10:30	13 Nov 10:30
11 Sep 10:30	14 Aug 10:30

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