Australia Balance of Trade News Event – a $160 opportunity on NZDUSD

We expect NZDUSD to trend upwards for the next 2 hours. Based on these past Australia Balance of Trade news events there is a 66.67% chance of this. We expect this to happen because the released value is < A$11B. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion

02 Nov 00:30

08 Jun 01:30

07 Mar 00:30

07 Feb 00:30