Based on the last 12 Balance of Trade events in United States, we expect a $250 movement on AUDUSD within 4 hours following the event release at 04 Sep 12:30. We expect AUDUSD to trend upwards 4 hours following the event release at 04 Sep 12:30 if the released value is < $-53.5B Historical events that allowed us to draw this conclusion
02 Aug 12:30 |
03 Jul 12:30 |
06 Jun 12:30 |
06 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
