This news is due 8:30 AM EST..
Trade Balance appears to be a big mover, however, the moves are not consistent. I'd advice to exchange on this one. I recommend Straddle with this one.
Based on Historic Charts, it mostly retraces back into pre launch price then continue onwards . But last month, a reversal was made by it. Can it be since last december, traders were waiting for FOMC? Luckily, I wasnt able last December to exchange US Trade Balance and was off or I'd get burned.
Expectation is a US$59.5. Remember, this is for Novembers' info. Can this include OIL purchases?