Australia Westpac Consumer Confidence Index News Event – a possible $130 movement on NZDUSD

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $130 movement on NZDUSD within 2 hours following the event release at 15 Jul 00:30. We expect NZDUSD to trend downwards 2 hours following the event release at 15 Jul 00:30 if the released value is < 96 Historical events that allowed us to draw this conclusion

15 Apr 00:30
21 Jan 23:30
10 Dec 23:30
10 Jul 00:30