Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $190 movement on AUDUSD within 4 hours following the event release at 2023-06-13 10:30. We expect AUDUSD to trend downwards 4 hours following the event release at 2023-06-13 10:30 if the released value is < 81.5 Historical events that allowed us to draw this conclusion

16 May 10:30	14 Mar 10:30
14 Feb 10:30	08 Nov 10:30
09 Aug 10:30	12 Jul 10:30

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