Based on the last 12 Balance of Trade events in Australia, we expect AUDUSD to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect AUDUSD to trend upwards 12 hours following the event release at 07 Apr 11:30 if the released value is > A$3.65B. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

05 Mar 11:30	07 Nov 11:30
06 Aug 11:30	03 Jul 11:30
07 May 11:30	03 Apr 11:30

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