We expect a $210 movement on AUDUSD within 2 hours following the release of Balance of Trade at 18 Aug 23:50. We expect AUDUSD to trend downwards 2 hours following the event release at 18 Aug 23:50 if the released value is > ¥-77.6B. A price movement of 21 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jun 23:50

18 Feb 23:50

17 Dec 23:50

17 Sep 23:50