Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $170 movement on AUDUSD within 2 hours following the event release at 12 Aug 00:30. We expect AUDUSD to trend upwards 2 hours following the event release at 12 Aug 00:30 if the released value is < 87 Historical events that allowed us to draw this conclusion
15 Jul 00:30 |
10 Mar 23:30 |
10 Dec 23:30 |
09 Oct 00:30 |