Based on the last 12 Balance of Trade events in Germany, EURUSD could trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < €9.5B Historical events that allowed us to draw this conclusion

09 Feb 18:00	07 Jan 18:00
09 Nov 18:00	08 Oct 17:00
09 Sep 16:00	08 Jul 16:00

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