Based on the last 12 Balance of Trade events in Germany, we expect EURUSD to trend upwards for the next 4 hours. Based on these past events there is a 72.73% chance of this. This may happen because the released value is > €17B

Historical events that allowed us to draw this conclusion

09 Apr 16:00	09 Mar 18:00
09 Dec 18:00	10 Oct 17:00
09 Sep 16:00	09 Aug 16:00
08 Jul 16:00	10 May 16:00

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