Based on the last 12 NAB Business Confidence events in Australia, a $40 movement could occur on EURUSD within 2 hours following the event release at 08 Jun 01:30. We expect EURUSD to trend downwards 2 hours following the event release at 08 Jun 01:30 if the released value is < 12 Historical events that allowed us to draw this conclusion

25 Jan 00:30

14 Dec 00:30

10 Aug 01:30

13 Jul 01:30

08 Jun 01:30