Based on past Australia Westpac Consumer Confidence Index news events there is a 88.89% chance of S trending upwards. We expect this to happen if the released value is < 82.7. A price movement of 2362 pips is expected. Historical events that allowed us to draw this conclusion
09 Aug 00:30 |
15 Jun 00:30 |
11 May 00:30 |
08 Mar 23:30 |
08 Feb 23:30 |
18 Jan 23:30 |
14 Dec 23:30 |
13 Oct 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
