Trade with an edge around todays United States Balance of Trade news event

Based on past United States Balance of Trade news events there is a 80% chance of AUDUSD trending upwards. A price movement of 21 could occur if the released value is > $-107B.

Historical events that allowed us to draw this conclusion

09 Feb 00:30
02 Sep 22:30
02 Jul 22:30
08 Jun 22:30

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