TradersNews 83.33% probability that AUDUSD will trend down on Tuesday 11 Feb at 12:30 AM GMT if the AU NAB Business Confidence number is less than economists’ expectations.

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  • TradersNews 83.33% probability that AUDUSD will trend down on Tuesday 11 Feb at 12:30 AM GMT if the AU NAB Business Confidence number is less than economists’ expectations.

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This Tuesday 11 Feb at 12:30 AM GMT the latest AU NAB Business Confidence number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that AUDUSD will trend down following the news event.

This probability is based on the last 12 AU NAB Business Confidence events, in which 2 of the last 6 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 10 Sep at 01:30 AM GMT:

Tuesday 14 May at 01:30 AM GMT:

Disclaimer: Past performance may not be indicative of future performance

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