Based on the last 12 Balance of Trade events in Japan, we expect a 10 pip movement on AUDUSD for the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is < ¥-1607B Historical events that allowed us to draw this conclusion
15 Dec 23:50 |
15 Sep 23:50 |
20 Jul 23:50 |
15 Jun 23:50 |
20 Jan 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
