Trade with an edge around todays Australia Balance of Trade news event

Based on past Australia Balance of Trade news events there is a 71.43% chance of EURUSD trending downwards. We expect this to happen because the released value is > A$4.15B. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

07 Nov 11:30
 06 Aug 11:30
03 Jul 11:30
 07 Mar 11:30
05 Feb 11:30

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