Based on the last 12 Balance of Trade events in Japan, we expect a $200 movement on AUDUSD within 4 hours following the event release at 2022-11-17 10:50. We expect AUDUSD to trend upwards 4 hours following the event release at 2022-11-17 10:50 if the released value is < ¥-1610B Historical events that allowed us to draw this conclusion

15 Sep 09:50	16 Jun 09:50
20 Apr 09:50	16 Mar 10:50
17 Feb 10:50	20 Oct 10:50

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