Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect EURUSD 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 < 85.3 Historical events that allowed us to draw this conclusion

09 Aug 10:30	15 Jun 10:30
11 May 10:30	09 Mar 10:30
09 Feb 10:30

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