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 71.43% chance of this. This may happen if the released value is < 0 Historical events that allowed us to draw this conclusion
24 Jan 00:30 |
13 Dec 00:30 |
12 Jul 01:30 |
14 Jun 01:30 |
10 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
