Based on the last 12 NAB Business Confidence events in Australia, we expect a 19 pip movement on EURUSD for the next 2 hours. We expect EURUSD to trend upwards for 2 hours because the released value is > -14
Historical events that allowed us to draw this conclusion
12 Oct 00:30 |
14 Sep 01:30 |
09 Mar 00:30 |
09 Feb 00:30 |