Based on the last 12 Balance of Trade events in Japan, we expect AUDUSD to trend downwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is < ¥-2398.2B Historical events that allowed us to draw this conclusion

17 Aug 09:50	16 Jun 09:50
20 Apr 09:50	17 Feb 10:50
16 Dec 10:50	20 Oct 10:50
16 Sep 09:50

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