Want to know why USDCHF is going downwards today?

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $112.071 movement on USDCHF within 2 hours following the event release at 10 Feb 10:30. We expect USDCHF to trend downwards 2 hours following the event release at 10 Feb 10:30 if the released value is < 108 Historical events that allowed us to draw this conclusion

20 Jan 10:30
11 Nov 10:30
15 Apr 10:30
11 Mar 10:30

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