Based on the last 12 Balance of Trade events in Japan, we expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards for the next 2 hours because the released value is > ¥-970.8B. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
18 Feb 23:50 |
17 Dec 23:50 |
17 Sep 23:50 |
18 Jun 23:50 |