Based on the last 12 Balance of Trade events in United States, we expect a 33 pip movement on AUDUSD within 2 hours following the event release at 06 Oct 12:30 UTC. We expect AUDUSD to trend downwards 2 hours following the event release at 06 Oct 12:30 UTC if the released value is > $-66.1B
Historical events that allowed us to draw this conclusion
02 Apr 12:30 |
07 Jan 13:30 |
05 Dec 13:30 |