AUDUSD may trend downwards right now
We expect AUDUSD to trend downwards for the next 4 hours. Based on these past Germany Balance of Trade news events there is a 71.43% chance of this. We expect this to happen because the released value is > €19.9B. A price movement of 40 pips is expected.Historical events that allowed us to draw this conclusion07 Aug 16:0008 May 16:0007…