We expect a $880 movement on AUDUSD within 48 hours following the release of Balance of Trade at 2022-12-02 18:00. We expect AUDUSD to trend downwards 48 hours following the event release at 2022-12-02 18:00 if the released value is < €9.1B. A price movement of 88 pips is expected. Historical events that allowed us to draw this conclusion

05 Oct 17:00	04 Jul 16:00
03 Jun 16:00	04 Mar 18:00
09 Feb 18:00	09 Dec 18:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).