
The latest AU NAB Business Confidence number has been released as 11.
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 less than than the economist consensus resulted in an down trend of AUDUSD.
Here are images of the past events:
Tuesday 08 Jun at 01:30 AM GMT:
Tuesday 13 Apr at 01:30 AM GMT:
Wednesday 27 Jan at 12:30 AM GMT:
Disclaimer: Past performance may not be indicative of future performance