Australia Westpac Consumer Confidence Index News Event – a possible $140.64 movement on USDJPY

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $140.64 movement on USDJPY within 2 hours following the event release at 14 Dec 23:30. We expect USDJPY to trend downwards 2 hours following the event release at 14 Dec 23:30 if the released value is > 106

Historical events that allowed us to draw this conclusion

15 Sep 00:30
14 Jul 00:30
14 Apr 00:30
09 Mar 23:30
09 Dec 01:30