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We expect a $0 movement on 6E within the next 4 hours.

Based on the last 12 Balance of Trade events in Australia, we expect a $0 movement on 6E within the next 4 hours. We expect 6E to trend downwards for 4 hours because the released value is > A$12.2B

Historical events that allowed us to draw this conclusion

05 Oct 00:30
02 Sep 01:30
03 Jun 01:30
04 Mar 00:30
04 Feb 00:30
05 Nov 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 CL to trend upwards today with a 87.5% chance.

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