7 pip movement on AUDUSD expected
We expect a $70 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Balance of Trade events in United States release because the released value is < $-67.7B. A price movement of 7 pips is expected.Historical events that allowed us to draw this conclusion07 Jul 12:3004 May 12:3005 Apr 12:3006 Jan…