We expect a $770 movement on EURUSD within 48 hours following the release of Balance of Trade at 09 Jan 11:30. We expect EURUSD to trend downwards 48 hours following the event release at 09 Jan 11:30 if the released value is > A$4.15B. A price movement of 77 pips is expected.

Historical events that allowed us to draw this conclusion

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