Based on the last 12 Balance of Trade events in Australia, we expect AUDUSD to trend upwards right now. Based on these past events there is a 85.71% chance of this. This may happen because the released value is > A$6.5B

Historical events that allowed us to draw this conclusion

03 Dec 11:30	05 Nov 11:30
04 Jun 11:30	07 May 11:30
07 Apr 11:30	05 Mar 11:30

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