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We expect a $1,080 movement on AUDUSD within 48 hours following the release of Balance of Trade at 04 Apr 16:00. We expect AUDUSD to trend downwards 48 hours following the event release at 04 Apr 16:00 if the released value is < €7.1B. A price movement of 108 pips is expected. Historical events that allowed us to draw this conclusion
04 Mar 18:00 |
09 Feb 18:00 |
09 Dec 18:00 |
09 Nov 18:00 |
09 Aug 16:00 |
09 Apr 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).