Based on the last 12 NAB Business Confidence events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 09 Mar 00:30 if the released value is < 11. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

11 Aug 01:30

14 Apr 01:30

10 Mar 01:00