Based on the last 12 Balance of Trade events in Australia, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend downwards 48 hours following the event release at 2023-02-07 11:30 if the released value is < A$12.5B. A price movement of 150 pips is expected. Historical events that allowed us to draw this conclusion

06 Oct 11:30	07 Apr 11:30
03 Feb 11:30

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