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There is a 75% chance of S trending upwards

Based on past United States Balance of Trade news events there is a 75% chance of S trending upwards. A price movement of 2,487 could occur if the released value is < $-89.5B. Historical events that allowed us to draw this conclusion

05 Apr 12:30
08 Mar 13:30
06 Jan 13:30
07 Dec 13:30
05 Oct 12:30
05 Aug 12:30

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

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We expect EURUSD to trend upwards today.

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AUS200 – breach of a trending support line that has been tested at least twice before.

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