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NZDUSD may be ready to trend upwards today with a 66.67% chance.

Based on the last 12 NAB Business Confidence events in Australia, NZDUSD may trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 12

Historical events that allowed us to draw this conclusion

12 Apr 01:30
08 Mar 00:30
12 Oct 00:30
10 May 01:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Important price line breached by Travelers Cos Inc.. This price has been tested numerous times before.

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There is a 66.67% chance of ZB trending upwards

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