We expect a $210 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Balance of Trade events in Germany release because the released value is > € 1.4B. A price movement of 21 pips is expected.

Historical events that allowed us to draw this conclusion

08 May 06:00

07 Feb 07:00

09 Dec 07:00

08 Nov 07:00

09 Sep 06:00

09 Aug 06:00