Based on past United States Balance of Trade news events there is a 85.71% chance of AUDUSD trending upwards. We expect this to happen if the released value is < $-70.5B. A price movement of 35 pips is expected. Historical events that allowed us to draw this conclusion
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07 Apr 22:30 |
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06 Feb 00:30 |
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06 Oct 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).