
Australia Balance of Trade News Event – a possible $60 movement on AUDUSD
Based on the last 12 Balance of Trade events in Australia, we expect a $60 movement on AUDUSD within 2 hours following the event release at 05 Mar 00:30. We expect AUDUSD to trend upwards 2 hours following the event release at 05 Mar 00:30 if the released value is < A$4.8BHistorical events that allowed us to draw this conclusion05…