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On Event

Australia Balance of Trade News Event – a possible $310 movement on NZDUSD

Based on past Australia Balance of Trade news events there is a 85.71% chance of NZDUSD trending upwards. We expect this to happen if the released value is > A$11B. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

06 Jul 01:30
04 May 01:30
12 Jan 00:30
08 Dec 00:30
03 Nov 00:30
04 Aug 01:30