Trade with an edge around todays Canada BoC Interest Rate Decision news event

Based on past Canada BoC Interest Rate Decision news events there is a 81.82% chance of AUDUSD trending upwards. We expect this to happen if the released value is = 0.25%. A price movement of 57 pips is expected.

Historical events that allowed us to draw this conclusion

10 Sep 00:00
04 Jun 00:00
16 Apr 00:00
23 Jan 02:00
31 Oct 01:00
05 Sep 00:00
11 Jul 00:00
30 May 00:00
25 Apr 00:00

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