Based on the last 12 Westpac Consumer Confidence Index events in Australia, we could see a $480 movement on NZDUSD within the next 12 hours. We may see NZDUSD trend upwards for 12 hours because the released value is < 90 Historical events that allowed us to draw this conclusion

11 May 10:30	09 Mar 10:30
09 Feb 10:30	19 Jan 10:30
13 Oct 11:30	09 Jun 10:30

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