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We expect AUDUSD to trend downwards right now.

Based on the last 12 Balance of Trade events in Germany, we expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < €14.2B Historical events that allowed us to draw this conclusion

09 Dec 07:00
09 Nov 07:00
09 Sep 06:00
09 Aug 06:00
09 Apr 06:00
08 Jan 07:00

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

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We expect RB to trend upwards today with a 77.78% chance.

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