41 pip movement on AUDUSD expected
Based on the last 12 Balance of Trade events in Japan, we expect a 41 pip movement on AUDUSD within 12 hours following the event release at 18 Nov 10:50 GMT+11. We expect AUDUSD to trend upwards 12 hours following the event release at 18 Nov 10:50 GMT+11 if the released value is > ¥250BHistorical events that allowed us to…