Based on the last 12 Balance of Trade events in DE, we expect a $150 movement on AUDUSD within 2 hours following the event release at 09 Oct 06:00.
We expect AUDUSD to trend down 2 hours following the event release at 09 Oct 06:00 if the released value is > €19.1B
Historical events that allowed us to draw this conclusion
08 Jun 06:00 |
08 May 06:00 |
09 Jan 07:00 |
09 Nov 07:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
