Based on the last 12 Balance of Trade events in Japan, we expect AUDUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > ¥-1294.8B

Historical events that allowed us to draw this conclusion

16 Mar 10:50	19 Jan 10:50
20 Oct 10:50	21 Jul 09:50
19 May 09:50

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).