Based on the last 12 NAB Business Confidence events in Australia, we expect a $220 movement on NZDUSD within 2 hours following the event release at 2025-01-28 00:30. We expect NZDUSD to trend downwards 2 hours following the event release at 2025-01-28 00:30 if the released value is < 3 Historical events that allowed us to draw this conclusion
10 Dec 00:30 |
08 Oct 00:30 |
11 Jun 01:30 |
13 May 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
