Based on the last 12 Balance of Trade events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is > €5.1B

Historical events that allowed us to draw this conclusion

05 Jan 18:00	02 Nov 18:00
03 Aug 16:00	04 Apr 16:00

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