71.43% probability that AUDUSD may trend downwards

Based on the last 12 Balance of Trade events in Australia, AUDUSD may trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > A$8.5B

Historical events that allowed us to draw this conclusion

02 Dec 11:30
04 Nov 11:30
05 Oct 11:30
05 Aug 11:30
03 Jun 11:30

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