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We expect a 160 pip movement on UB for the next 48 hours.

Based on the last 12 Balance of Trade events in Australia, we expect a 160 pip movement on UB for the next 48 hours. We expect UB to trend upwards for 48 hours because the released value is < A$10.6B Historical events that allowed us to draw this conclusion

01 Jul 01:30
04 May 01:30
01 Apr 00:30

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

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