We expect a $19821075 movement on NKD within the next 48 hours.

We expect a $19821075 movement on NKD within the next 48 hours. We expect NKD to trend downwards 48 hours following the NAB Business Confidence events in Australia release because the released value is > 2. A price movement of 70500 pips is expected.

Historical events that allowed us to draw this conclusion

12 Apr 01:30

08 Mar 00:30

08 Feb 00:30

12 Oct 00:30

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