Based on the last 12 NAB Business Confidence events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 28 Jan 00:30 if the released value is < 1. A price movement of 23 pips is expected. Historical events that allowed us to draw this conclusion

08 Oct 00:30

14 May 01:30

01 Apr 00:30

12 Mar 00:30