Based on the last 12 Balance of Trade events in Australia, we expect a $1550 movement on EURUSD within 48 hours following the event release at 2022-10-06 00:30. We expect EURUSD to trend upwards 48 hours following the event release at 2022-10-06 00:30 if the released value is < A$10.1B Historical events that allowed us to draw this conclusion
08 Sep 01:30 |
03 Feb 00:30 |
11 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
