Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect USDCHF to trend downwards right now. Based on these past events there is a 71.43% chance of this. This may happen because the released value is < 102 Historical events that allowed us to draw this conclusion

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

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