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On Event

Canada Balance of Trade News Event – a $400 opportunity on AUDUSD

We expect AUDUSD to trend downwards for the next 2 hours. Based on these past Canada Balance of Trade news events there is a 75% chance of this. We expect this to happen because the released value is < C$1.1B. A price movement of 40 pips is expected. Historical events that allowed us to draw this conclusion

09 Jan 13:30
05 Apr 12:30
05 Jan 13:30
05 Oct 12:30