Based on the last 12 Balance of Trade events in Germany, we expect a $970 movement on EURUSD within 12 hours following the event release at 08 Oct 17:00. We expect EURUSD to trend upwards 12 hours following the event release at 08 Oct 17:00 if the released value is > €14.4B

Historical events that allowed us to draw this conclusion

09 Jun 16:00	07 May 16:00
09 Mar 18:00

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