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We expect AUDUSD to trend upwards for the next 4 hours.

Based on the last 12 NAB Business Confidence events in Australia, we expect AUDUSD to trend upwards for the next 4 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 0

Historical events that allowed us to draw this conclusion

13 Aug 01:30
12 Feb 00:30
29 Jan 00:30

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

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Important price line being approached by ETHAUD. This price has been tested numerous times before.

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We expect 6A to trend upwards right now.

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