Australia NAB Business Confidence News Event – a $240 opportunity on EURUSD

We expect a $240 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards 2 hours following the NAB Business Confidence events in Australia release because the released value is > 18. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

09 Mar 00:30
09 Feb 00:30
10 Nov 00:30
05 Oct 00:30
08 Sep 01:30
14 Jul 01:30
09 Jun 01:30
12 May 01:30