Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect EURUSD to trend downwards. Based on these past events there is a 80% chance of this. We expect EURUSD to trend downwards for 2 hours because the released value is > 90. A price movement of 2 pips is expected.

Historical events that allowed us to draw this conclusion

13 May 00:30

11 Feb 23:30

11 Sep 00:30

14 Aug 00:30