Based on the last 12 Balance of Trade events in Germany, we expect a $210 movement on AUDUSD within 2 hours following the event release at 08 Sep 06:00. We expect AUDUSD to trend downwards 2 hours following the event release at 08 Sep 06:00 if the released value is > €22B

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