Based on the last 12 Balance of Trade events in Australia, we expect a $210 movement on EURUSD within 2 hours following the event release at 01 Jul 11:30. We expect EURUSD to trend downwards 2 hours following the event release at 01 Jul 11:30 if the released value is > A$10B

Historical events that allowed us to draw this conclusion

03 Jun 11:30	04 Mar 11:30
04 Feb 11:30	05 Nov 11:30

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