We expect a $455 movement on KC within the next 2 hours. We expect KC to trend upwards 2 hours following the NAB Business Confidence events in Australia release because the released value is < 8. A price movement of 210 pips is expected. Historical events that allowed us to draw this conclusion
12 Jul 01:30 |
25 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
