Based on the last 12 Balance of Trade events in Japan, AUDUSD could trend upwards later today. Based on these past events there is a 75% chance of this. If the released value is < ¥-1150B we could see AUDUSD trend upwards 2 hours following the event release at 18 May 23:50. Historical events that allowed us to draw this conclusion
15 Mar 23:50 |
16 Feb 23:50 |
15 Dec 23:50 |
15 Sep 23:50 |
20 Jul 23:50 |
15 Jun 23:50 |