Australia Balance of Trade News Event – a $160 opportunity on AUDUSD

Past performance is not an indicator of future results.
We expect a $160 movement on AUDUSD within the next 12 hours. We expect AUDUSD to trend downwards 12 hours following the Balance of Trade events in Australia release because the released value is > A$2.3B. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

04 Oct 02:30
06 Sep 02:30
02 Aug 02:30
05 Apr 02:30
08 Mar 00:30

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