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We expect USDCHF to trend upwards with a 75% chance.

Based on the last 12 Balance of Trade events in Australia, we expect USDCHF to trend upwards. Based on these past events there is a 75% chance of this. We expect USDCHF to trend upwards for 2 hours because the released value is < A$6B. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion

05 Sep 01:30
06 Jun 01:30
08 Jan 00:30

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

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We expect a $2.92 movement on BO within the next 2 hours.

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After testing 0.6709 numerous times, AUD/USD has finally broken through. Can we expect a bullish trend to follow?

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