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Australia Balance of Trade News Event – a possible $280 movement on AUDUSD

Based on the last 12 Balance of Trade events in Australia, we could see a $280 movement on AUDUSD within the next 2 hours. We may see AUDUSD trend upwards for 2 hours because the released value is > A$5.40B

Historical events that allowed us to draw this conclusion

11 Jan 00:30
05 Oct 00:30
06 Jul 01:30