Australia Balance of Trade News Event – a possible $130 movement on AUDUSD
Based on the last 12 Balance of Trade events in Australia, we expect a $130 movement on AUDUSD within 2 hours following the event release at 02 Sep 01:30. We expect AUDUSD to trend upwards 2 hours following the event release at 02 Sep 01:30 if the released value is > A$10.2BHistorical events that allowed us to draw this conclusion05…