Based on the last 12 Balance of Trade events in Australia, we expect a 41 pip movement on AUDUSD within 4 hours following the event release at 2022-12-08 11:30. We expect AUDUSD to trend upwards 4 hours following the event release at 2022-12-08 11:30 if the released value is > A$12.1B

Historical events that allowed us to draw this conclusion

03 Nov 11:30	04 Aug 11:30
07 Jul 11:30	03 Mar 11:30
02 Dec 11:30

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