Based on the last 12 NAB Business Confidence events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 11 Aug 01:30 if the released value is > -1. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

14 Jul 01:30

09 Jun 01:30

12 May 01:30