Trade with an edge around todays Australia Balance of Trade news event
Based on the last 12 Balance of Trade events in Australia, we expect a $1130 movement on AUDUSD within 48 hours following the event release at 2023-04-06 11:30. We expect AUDUSD to trend upwards 48 hours following the event release at 2023-04-06 11:30 if the released value is > A$11.1BHistorical events that allowed us to draw this conclusion12 Jan 11:3008…