Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect EURUSD to trend upwards right now. Based on these past events there is a 83.33% chance of this. We expect EURUSD to trend upwards for the next 2 hours because the released value is < 106. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion
13 Oct 00:30 |
11 Aug 00:30 |
09 Jun 00:30 |
19 Jan 23:30 |
10 Nov 23:30 |