Based on the last 12 NAB Business Confidence events in Australia, we expect USDCHF to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend downwards 4 hours following the event release at 27 Jan 11:30 if the released value is > 10. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

10 Nov 11:30	05 Oct 11:30
14 Jul 11:30	12 May 11:30

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