Australia NAB Business Confidence News Event – a possible $61.39 movement on USDJPY

Based on the last 12 NAB Business Confidence events in Australia, we expect a $61.39 movement on USDJPY within 2 hours following the event release at 25 Jan 00:30. We expect USDJPY to trend upwards 2 hours following the event release at 25 Jan 00:30 if the released value is > 10

Historical events that allowed us to draw this conclusion

14 Sep 01:30
10 May 01:30
09 Mar 00:30
08 Dec 00:30