Based on the last 12 Balance of Trade events in Japan, we expect AUDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 19 Apr 23:50 if the released value is > ¥420B. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

18 Feb 23:50

17 Dec 23:50

17 Sep 23:50

18 Jun 23:50

16 Apr 23:50