United States Balance of Trade News Event – a possible $810 movement on AUDUSD

Based on the last 12 Balance of Trade events in United States, we expect a $810 movement on AUDUSD within 48 hours following the event release at 05 Aug 22:30. We expect AUDUSD to trend downwards 48 hours following the event release at 05 Aug 22:30 if the released value is > $-50.1B

Historical events that allowed us to draw this conclusion

07 Mar 00:30
08 Jan 00:30

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