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We expect a $121,472 movement on CC within the next 4 hours.

We expect a $121,472 movement on CC within the next 4 hours. We expect CC to trend upwards 4 hours following the Balance of Trade events in Australia release because the released value is > A$11B. A price movement of 5,200 pips is expected.

Historical events that allowed us to draw this conclusion

04 Nov 00:30
02 Sep 01:30
05 Aug 01:30
03 Jun 01:30
04 Feb 00:30
03 Dec 00:30

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

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