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AUDUSD could trend downwards later today. Based on these past Australia NAB Business Confidence news events there is a 66.67% chance of this. This could happen only if the released value is < 12. The price movement may be as big as 17 pips. Historical events that allowed us to draw this conclusion
25 Jan 11:30![]() |
10 Aug 11:30![]() |
08 Jun 11:30![]() |
13 Apr 11:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).