We expect a $420 movement on EURUSD within the next 12 hours. We expect EURUSD to trend upwards 12 hours following the Balance of Trade events in Australia release because the released value is < A$5.95B. A price movement of 42 pips is expected. Historical events that allowed us to draw this conclusion

05 Dec 11:30	05 Sep 11:30
06 Jun 11:30

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