We expect a $0 movement on 6E within 4 hours following the release of Westpac Consumer Confidence Index at 11 Aug 00:30. We expect 6E to trend upwards 4 hours following the event release at 11 Aug 00:30 if the released value is < 109. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
09 Jun 00:30 |
19 May 00:30 |
19 Jan 23:30 |
10 Nov 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
