Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect AUDUSD to trend upwards for the next 2 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is > 108
Historical events that allowed us to draw this conclusion
|09 Dec 01:30|
|09 Sep 00:30|
|10 Jun 00:30|
|13 May 00:30|
|11 Feb 23:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).