Australia Balance of Trade News Event – a possible $60 movement on AUDUSD

Based on the last 12 Balance of Trade events in Australia, we expect a $60 movement on AUDUSD within 2 hours following the event release at 05 Mar 00:30. We expect AUDUSD to trend upwards 2 hours following the event release at 05 Mar 00:30 if the released value is < A$4.8B Historical events that allowed us to draw this conclusion

05 Dec 00:30
03 Oct 01:30
05 Sep 01:30
06 Jun 01:30