Based on the last 12 Balance of Trade events in Japan, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards 12 hours following the event release at 16 Sep 09:50 if the released value is < ¥-47.7B. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

16 Jun 09:50	21 Jan 10:50
16 Dec 10:50	19 Oct 10:50

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