88 pip movement on AUDUSD expected

Based on the last 12 Balance of Trade events in Australia, we expect a 88 pip movement on AUDUSD for the next 12 hours. We expect AUDUSD to trend upwards for 12 hours because the released value is > A$6.8B

Historical events that allowed us to draw this conclusion

07 Apr 11:30
05 Mar 11:30
07 Nov 11:30
06 Aug 11:30
03 Jul 11:30
07 May 11:30

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