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We expect 6S to trend upwards with a 66.67% chance.

Based on the last 12 Balance of Trade events in Australia, we expect 6S to trend upwards. Based on these past events there is a 66.67% chance of this. We expect 6S to trend upwards for 4 hours because the released value is > A$5.4B. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

04 Jun 01:30
07 May 01:30
07 Apr 01:30
05 Mar 00:30

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

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We expect a 216 pip movement on DX within 48 hours following the event release.

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Important price line being approached by UK100. This price has been tested numerous times before.

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