Based on the last 12 Balance of Trade events in Australia, AUDUSD may trend upwards for the next 2 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < A$10B Historical events that allowed us to draw this conclusion
08 Jun 01:30 |
07 Mar 00:30 |
07 Feb 00:30 |
06 Oct 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
