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We expect USDCHF to trend upwards right now.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect USDCHF to trend upwards right now. Based on these past events there is a 83.33% chance of this. This will happen because the released value is > 98.7

Historical events that allowed us to draw this conclusion

15 May 00:30
10 Apr 00:30
11 Dec 23:30
13 Nov 23:30
15 Aug 00:30

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

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