We expect a 111 pip movement on EURUSD within 48 hours following the event release.

Based on the last 12 Balance of Trade events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > A$12.65B

Historical events that allowed us to draw this conclusion

06 Apr 01:30

12 Jan 00:30

08 Dec 00:30

03 Nov 00:30

04 Aug 01:30

02 Jun 01:30

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