We expect a $200 movement on AUDUSD within 2 hours following the release of Westpac Consumer Confidence Index at 19 Jan 23:30. We expect AUDUSD to trend upwards 2 hours following the event release at 19 Jan 23:30 if the released value is > 110. A price movement of 20 pips is expected.
Historical events that allowed us to draw this conclusion
09 Dec 01:30 |
09 Sep 00:30 |
10 Jun 00:30 |
13 May 00:30 |
11 Feb 23:30 |