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”).
