Trade with an edge around todays United States Balance of Trade news event

Past performance is not an indicator of future results.
Based on past United States Balance of Trade news events there is a 71.43% chance of AUDUSD trending downwards. We expect this to happen because the released value is > $-57B. A price movement of 42 pips is expected.

Historical events that allowed us to draw this conclusion

06 Feb 13:30
05 Oct 13:30
05 Sep 13:30
06 Jun 13:30
03 May 13:30

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

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