Based on the last 12 NAB Business Confidence events in Australia, NZDUSD could trend downwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > 12

Historical events that allowed us to draw this conclusion

08 Mar 11:30	08 Feb 11:30
12 Oct 11:30	14 Sep 11:30
10 May 11:30

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