Japan Balance of Trade News Event – a $2,850 opportunity on AUDUSD

We expect a $2,850 movement on AUDUSD within the next 48 hours. We expect AUDUSD to trend downwards 48 hours following the Balance of Trade events in Japan release because the released value is > ¥-600B. A price movement of 285 pips is expected.

Historical events that allowed us to draw this conclusion

18 Nov 10:50
19 Aug 09:50
17 Jun 09:50
18 Mar 10:50
19 Feb 10:50

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