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We may see a $0 movement on 6S within the next 48 hours.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we could see a $0 movement on 6S within the next 48 hours. 6S could trend upwards for the next 48 hours because the released value is < 94.7 Historical events that allowed us to draw this conclusion

08 Mar 23:30
18 Jan 23:30
14 Dec 23:30
13 Oct 00:30
09 Jun 00:30
19 May 00:30

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

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We could expect AUDUSD to trend upwards right now.

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