Are you on the right side of Australia Balance of Trade news event?

Past performance is not an indicator of future results.
Based on the last 12 Balance of Trade events in Australia, we expect EURUSD to trend downwards. Based on these past events there is a 75% chance of this. We expect EURUSD to trend downwards for 48 hours because the released value is > A$3.8B. A price movement of 58 pips is expected.

Historical events that allowed us to draw this conclusion

07 Mar 00:30
05 Feb 00:30
06 Sep 02:30
02 Aug 02:30
03 May 02:30
05 Apr 02:30

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

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