DELKOS BREAKING NEWS: 75% probability that AUDUSD will trend down for the next few hours.

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  • DELKOS BREAKING NEWS: 75% probability that AUDUSD will trend down for the next few hours.

The latest AU NAB Business Confidence number has been released as -20.
There is a 75% probability that AUDUSD will trend down for the next few hours.

This probability is based on the last 12 AU NAB Business Confidence events, in which 3 of the last 4 events where the actual number was greater than than the economist consensus resulted in an down trend of AUDUSD.

Here are images of the past events:

Tuesday 12 Nov at 12:30 AM GMT:

Tuesday 13 Aug at 01:30 AM GMT:

Tuesday 11 Jun at 01:30 AM GMT:

Disclaimer: Past performance may not be indicative of future performance

  • June 9, 2020
  • By:Delkos Research
  • Category:en_GB
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