Based on the last 12 NAB Business Confidence events in Australia, we expect a 0 pip movement on 6C within 2 hours following the event release at 12 Apr 01:30 UTC. We expect 6C to trend downwards 2 hours following the event release at 12 Apr 01:30 UTC if the released value is < 2 Historical events that allowed us to draw this conclusion

25 Jan 00:30

14 Dec 00:30

10 Aug 01:30

08 Jun 01:30

13 Apr 01:30