Based on past AU Balance of Trade news events there is a 83.3% of AUDUSD trending down
We expect this to happen if the released value is < A$1.7B. A price movement of 10 pips is expected.
Historical events that allowed us to draw this conclusion
04 Jul 01:30 |
06 Feb 00:30 |
05 Jan 00:30 |
07 Dec 00:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
