Australia Westpac Consumer Confidence Index News Event – a possible $567.024 movement on USDCHF

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $567.024 movement on USDCHF within the next 48 hours. We expect USDCHF to trend downwards for 48 hours because the released value is < 104 Historical events that allowed us to draw this conclusion

15 Dec 10:30
13 Oct 11:30
09 Jun 10:30
19 May 10:30
20 Jan 10:30

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