Trade with an edge around todays Australia RBA Interest Rate Decision news event

Based on past Australia RBA Interest Rate Decision news events there is a 66.67% chance of AUDUSD trending upwards. We expect this to happen if the released value is = 0.75%. A price movement of 36 pips is expected.

Historical events that allowed us to draw this conclusion

04 Feb 14:30
03 Dec 14:30
05 Nov 14:30
03 Sep 14:30
06 Aug 14:30
02 Jul 14:30
07 May 14:30
05 Feb 14:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).