We expect a $134,620 movement on CC within the next 12 hours. We expect CC to trend downwards 12 hours following the Westpac Consumer Confidence Index events in Australia release because the released value is < 109. A price movement of 5,300 pips is expected. Historical events that allowed us to draw this conclusion
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”).
