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Pre Event Forecast

66.67% probability that AUDUSD may trend upwards right now

We expect a $40 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend upwards 2 hours following the Balance of Trade events in Germany release because the released value is > €7.3B. A price movement of 4 pips is expected.

Historical events that allowed us to draw this conclusion

03 Aug 06:00
04 Apr 06:00