We expect a $348 movement on LE within the next 2 hours.

We expect a $348 movement on LE within the next 2 hours. We expect LE to trend upwards 2 hours following the NAB Business Confidence events in Australia release because the released value is < 3. A price movement of 171 pips is expected. Historical events that allowed us to draw this conclusion

10 Dec 00:30

08 Oct 00:30

10 Sep 01:30

13 May 01:30

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