
Based on the last 12 NAB Business Confidence events in Australia, we expect EURUSD to trend upwards right now. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards for the next 2 hours because the released value is > -18. A price movement of 25 pips is expected.
Historical events that allowed us to draw this conclusion
14 Jul 01:30![]() |
09 Jun 01:30![]() |
12 May 01:30![]() |