Based on the last 12 Balance of Trade events in Germany, EURUSD could trend upwards later today. Based on these past events there is a 66.67% chance of this. If the released value is > €7.3B we could see EURUSD trend upwards 2 hours following the event release at 03 Jun 06:00.

Historical events that allowed us to draw this conclusion

04 May 06:00

09 Jun 06:00