Based on the last 12 NAB Business Confidence events in Australia, we expect USDJPY to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 10 Aug 01:30 if the released value is < 14. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

13 Jul 01:30

08 Jun 01:30

13 Apr 01:30

27 Jan 00:30