Australia NAB Business Confidence News Event – a $90.5 opportunity on USDJPY

Past performance is not an indicator of future results.
We expect a $90.5 movement on USDJPY within the next 2 hours. We expect USDJPY to trend upwards 2 hours following the NAB Business Confidence events in Australia release because the released value is > 3. A price movement of 10 pips is expected.

Historical events that allowed us to draw this conclusion

09 Oct 01:30
14 Aug 02:30
07 May 02:30
13 Feb 00:30

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