Based on the last 12 Balance of Trade events in Australia, we expect a $110 movement on EURUSD within 12 hours following the event release at 03 Dec 11:30. We expect EURUSD to trend upwards 12 hours following the event release at 03 Dec 11:30 if the released value is < A$5.8B Historical events that allowed us to draw this conclusion

06 Oct 11:30	03 Sep 11:30
02 Jul 11:30	06 Feb 11:30
05 Dec 11:30

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