What to trade around United States Balance of Trade news event

Based on past United States Balance of Trade news events there is a 75% chance of AUDUSD trending upwards. We expect this to happen because the released value is > $-70.3B. A price movement of 27 pips is expected.

Historical events that allowed us to draw this conclusion

07 Jun 12:30
08 Feb 13:30
02 Sep 12:30

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