Based on the last 12 NAB Business Confidence events in Australia, we expect a $170 movement on NZDUSD within 2 hours following the event release at 09 Feb 00:30. We expect NZDUSD to trend upwards 2 hours following the event release at 09 Feb 00:30 if the released value is > 5
Historical events that allowed us to draw this conclusion
10 Nov 00:30 |
05 Oct 00:30 |
14 Jul 01:30 |
09 Jun 01:30 |
12 May 01:30 |