Based on the last 12 Balance of Trade events in Australia, we expect a $110 movement on EURUSD within 2 hours following the event release at 03 Dec 11:30. We expect EURUSD to trend upwards 2 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

07 May 11:30	07 Apr 11:30
05 Mar 11:30	09 Jan 11:30

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