Australia Westpac Consumer Confidence Index News Event – a possible $60 movement on EURUSD

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $60 movement on EURUSD within the next 2 hours. We expect EURUSD to trend downwards for 2 hours because the released value is > 110

Historical events that allowed us to draw this conclusion

09 Feb 23:30
13 Oct 23:30
10 Jun 00:30
13 May 00:30