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Based on past Australia NAB Business Confidence news events there is a 83.33% chance of EURUSD trending downwards. A price movement of 49 could occur if the released value is < 12. Historical events that allowed us to draw this conclusion
10 May 11:30![]() |
25 Jan 11:30![]() |
10 Aug 11:30![]() |
13 Jul 11:30![]() |
08 Jun 11:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).