United Kingdom Balance of Trade News Event – a $360 opportunity on AUDUSD
We expect a $360 movement on AUDUSD within 2 hours following the release of Balance of Trade at 11 Sep 06:00. We expect AUDUSD to trend upwards 2 hours following the event release at 11 Sep 06:00 if the released value is < £1.2B. A price movement of 36 pips is expected.Historical events that allowed us to draw this conclusion13…