United States Balance of Trade News Event – a $180 opportunity on AUDUSD

We expect a $180 movement on AUDUSD within 2 hours following the release of Balance of Trade at 02 Apr 12:30. We expect AUDUSD to trend upwards 2 hours following the event release at 02 Apr 12:30 if the released value is < $-40B. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

04 Oct 12:30
04 Sep 12:30
02 Aug 12:30
03 Jul 12:30
06 Jun 12:30