Based on the last 12 Balance of Trade events in Australia, we expect a $110 movement on EURUSD within 2 hours following the event release at 07 Jan 00:30. We expect EURUSD to trend upwards 2 hours following the event release at 07 Jan 00:30 if the released value is > A$6B
Historical events that allowed us to draw this conclusion
03 Dec 00:30 |
07 May 01:30 |
07 Apr 01:30 |
05 Mar 00:30 |
09 Jan 00:30 |