Based on past Australia Balance of Trade news events there is a 83.33% chance of AUDUSD trending upwards. We expect this to happen because the released value is > A$2.1B. A price movement of 88 pips is expected.

Historical events that allowed us to draw this conclusion

04 Jun 11:30	07 May 11:30
07 Apr 11:30	05 Mar 11:30
07 Nov 11:30

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