We expect a $150 movement on EURUSD within 2 hours following the release of NAB Business Confidence at 2022-09-13 01:30. We expect EURUSD to trend upwards 2 hours following the event release at 2022-09-13 01:30 if the released value is > 6. A price movement of 15 pips is expected.
Historical events that allowed us to draw this conclusion
09 Aug 01:30 |
12 Apr 01:30 |
08 Mar 00:30 |
14 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
