Based on the last 12 NAB Business Confidence events in Australia, we expect a 12 pip movement on ZW within 2 hours following the event release at 2025-04-08 01:30. We expect ZW to trend downwards 2 hours following the event release at 2025-04-08 01:30 if the released value is > -3
Historical events that allowed us to draw this conclusion
11 Feb 00:30 |
12 Nov 00:30 |
09 Jul 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
