Australia NAB Business Confidence News Event – a possible $150 movement on AUDUSD

Based on the last 12 NAB Business Confidence events in Australia, we expect a $150 movement on AUDUSD within 2 hours following the event release at 10 May 01:30. We expect AUDUSD to trend downwards 2 hours following the event release at 10 May 01:30 if the released value is < 18 Historical events that allowed us to draw this conclusion

13 Apr 01:30
27 Jan 00:30