Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 110 Historical events that allowed us to draw this conclusion

11 Nov 10:30	15 Jul 10:30
11 Mar 10:30	22 Jan 10:30

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