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There is a 66.67% chance of CL trending downwards

Based on past Australia Westpac Consumer Confidence Index news events there is a 66.67% chance of CL trending downwards. We expect this to happen if the released value is > 78.4. A price movement of 213 pips is expected.

Historical events that allowed us to draw this conclusion

10 Oct 23:30
13 Sep 00:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Nous nous attendons à ce que AUDUSD aille à la baisse plus tard dans la journée. D’après les précédents évènements de Australie pour Westpac Indice De Confiance Des Consommateurs il y a une probabilité de 66,67% que cela arrive.

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We expect a $199 movement on USDCAD within 12 hours following the event release at 2023-01-16 23:30.

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