Based on the last 12 Balance of Trade events in Germany, we expect a $880 movement on AUDUSD within 48 hours following the event release at 2022-12-02 07:00. We expect AUDUSD to trend downwards 48 hours following the event release at 2022-12-02 07:00 if the released value is < €9.1B Historical events that allowed us to draw this conclusion
05 Oct 06:00 |
04 Jul 06:00 |
03 Jun 06:00 |
04 Mar 07:00 |
09 Feb 07:00 |
09 Dec 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
