Based on the last 12 Balance of Trade events in Germany, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 85.71% chance of this. We made this conclusion because the released value is < €20.2B. A price movement of 86 pips may be experienced. Historical events that allowed us to draw this conclusion
07 Apr 06:00 |
10 Mar 07:00 |
13 Dec 07:00 |
06 Sep 06:00 |
07 Aug 06:00 |
07 Jun 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
