Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $30 movement on EURUSD within 2 hours following the event release at 08 Dec 23:30. We expect EURUSD to trend downwards 2 hours following the event release at 08 Dec 23:30 if the released value is > 105

Historical events that allowed us to draw this conclusion

13 Oct 23:30

10 Jun 00:30

13 May 00:30

11 Feb 23:30