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We expect USDCAD to trend downwards today with a 71.43% chance.

Based on past Australia Westpac Consumer Confidence Index news events there is a 71.43% chance of USDCAD trending downwards. We expect this to happen if the released value is < 82.1. A price movement of 56 pips is expected. Historical events that allowed us to draw this conclusion

13 Mar 23:30
07 Nov 23:30
09 Aug 00:30
15 Jun 00:30
11 May 00:30

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

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Esperamos un movimiento en $190 del AUDUSD dentro de 4 horas siguiendo la publicación de Índice De Confianza Del Consumidor Westpac el 2023-05-16 00:30.

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D’après les évènements Australie Westpac Indice De Confiance Des Consommateurs passés, il y a une probabilité de 71,43% que USDCAD aille à la hausse

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