Trade with an edge around todays Australia Westpac Consumer Confidence Index news event

Past performance is not an indicator of future results.
Based on past Australia Westpac Consumer Confidence Index news events there is a 87.5% chance of NZDUSD trending upwards. We expect this to happen because the released value is > 99.2. A price movement of 10 pips is expected.

Historical events that allowed us to draw this conclusion

11 Dec 23:30
13 Nov 23:30
15 Aug 01:30
13 Jun 01:30
14 Mar 00:30
13 Feb 23:45
17 Jan 23:30

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

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