Based on the last 12 Balance of Trade events in Australia, EURUSD may trend downwards for the next 4 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is > A$5.500B
Historical events that allowed us to draw this conclusion
09 Jan 00:30 |
03 Oct 01:30 |
05 Sep 01:30 |
01 Aug 01:30 |
06 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
