We expect a $14861616 movement on YM within 12 hours following the release of Westpac Consumer Confidence Index at 2023-03-13 23:30. We expect YM to trend upwards 12 hours following the event release at 2023-03-13 23:30 if the released value is < 79.1. A price movement of 46200 pips is expected. Historical events that allowed us to draw this conclusion
13 Feb 23:30 |
07 Nov 23:30 |
15 Jun 00:30 |
11 May 00:30 |
08 Mar 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
