Based on the last 12 Westpac Consumer Confidence Index events in Australia, we could see a $190 movement on EURUSD within the next 4 hours. We may see EURUSD trend upwards for 4 hours because the released value is < 94.7 Historical events that allowed us to draw this conclusion

09 Mar 10:30	09 Feb 10:30
15 Dec 10:30	13 Oct 11:30
11 Aug 10:30	09 Jun 10:30
19 May 10:30

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