Based on the last 12 Balance of Trade events in Australia, we expect AUDUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > A$8B

Historical events that allowed us to draw this conclusion

04 Feb 11:30	03 Dec 11:30
05 Nov 11:30	04 Jun 11:30
07 May 11:30

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