We expect 6E to trend upwards later today. Based on these past Australia NAB Business Confidence news events there is a 66.67% chance of this. We expect this to happen if the released value is > 2. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
08 Mar 00:30 |
12 Oct 00:30 |
14 Sep 01:30 |
09 Mar 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
