Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $200 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards for the next 2 hours because the released value is > 94.5
Historical events that allowed us to draw this conclusion
09 Sep 00:30 |
10 Jun 00:30 |
13 May 00:30 |
11 Feb 23:30 |
12 Nov 23:30 |