Based on past Australia Balance of Trade news events there is a 66.67% chance of EURUSD trending upwards. We expect this to happen because the released value is < A$14.5B. A price movement of 155 pips is expected. Historical events that allowed us to draw this conclusion

03 Feb 11:30

11 Jan 11:30

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