Based on the last 12 NAB Business Confidence events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is < -75 Historical events that allowed us to draw this conclusion

14 Apr 11:30	10 Mar 12:00
11 Feb 11:30	28 Jan 11:30
08 Oct 11:30	14 May 11:30

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