Balance of Trade

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Based on the last 12 Balance of Trade events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 2023-06-08 01:30 if the released value is < A$14B. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion

07 Mar 00:30
07 Feb 00:30
06 Oct 00:30

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