We expect a $60 movement on EURUSD within 2 hours following the release of Westpac Consumer Confidence Index at 14 Apr 00:30. We expect EURUSD to trend downwards 2 hours following the event release at 14 Apr 00:30 if the released value is > 113. A price movement of 6 pips is expected.
Historical events that allowed us to draw this conclusion
09 Mar 23:30 |
09 Feb 23:30 |
13 Oct 23:30 |
10 Jun 00:30 |
13 May 00:30 |