Based on the last 12 Balance of Trade events in Germany, we expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is < €14.2B Historical events that allowed us to draw this conclusion
09 Dec 07:00 |
09 Nov 07:00 |
09 Sep 06:00 |
09 Aug 06:00 |
09 Apr 06:00 |
08 Jan 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
