We expect a $180 movement on AUDUSD within 2 hours following the release of Balance of Trade at 08 Jul 06:00. We expect AUDUSD to trend upwards 2 hours following the event release at 08 Jul 06:00 if the released value is < €17.4B. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

09 Apr 06:00

09 Feb 07:00

09 Dec 07:00

08 Oct 06:00

09 Jul 06:00