Based on the last 12 Balance of Trade events in Germany, we expect a 27 pip movement on AUDUSD within 2 hours following the event release at 2022-09-02 06:00. We expect AUDUSD to trend upwards 2 hours following the event release at 2022-09-02 06:00 if the released value is < €6.2B Historical events that allowed us to draw this conclusion
04 Jul 06:00 |
03 Jun 06:00 |
04 Mar 07:00 |
09 Feb 07:00 |
09 Dec 07:00 |
09 Sep 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
