We expect EURUSD to trend upwards later today. Based on these past Australia NAB Business Confidence news events there is a 83.33% chance of this. We expect this to happen if the released value is > -3. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
05 Oct 00:30 |
08 Sep 01:30 |
14 Jul 01:30 |
09 Jun 01:30 |
12 May 01:30 |