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We expect AUDUSD to trend upwards for the next 12 hours. Based on these past Australia Balance of Trade news events there is a 87.5% chance of this. We expect this to happen because the released value is < A$6.678B. A price movement of 36 pips is expected. Historical events that allowed us to draw this conclusion
02 May 01:30 |
05 Apr 00:30 |
07 Mar 00:30 |
05 Feb 00:30 |
07 Dec 00:30 |
02 Nov 00:30 |
07 Sep 01:30 |
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