Based on past Australia Westpac Consumer Confidence Index news events there is a 80% chance of USDCHF trending downwards. We expect this to happen if the released value is < 114. A price movement of 82 pips is expected. Historical events that allowed us to draw this conclusion

19 May 10:30	20 Jan 10:30
11 Nov 10:30	12 Aug 10:30

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