Based on the last 12 Balance of Trade events in Australia, we expect a $1130 movement on AUDUSD within 48 hours following the event release at 2023-04-06 11:30. We expect AUDUSD to trend upwards 48 hours following the event release at 2023-04-06 11:30 if the released value is > A$11.1B

Historical events that allowed us to draw this conclusion

12 Jan 11:30	08 Dec 11:30
03 Nov 11:30	07 Jul 11:30
02 Jun 11:30

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