Trade with an edge around todays Euro Area Consumer Confidence Flash news event

Based on past Euro Area Consumer Confidence Flash news events there is a 75% chance of NZDUSD trending downwards. We expect this to happen if the released value is < -15. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

22 Jan 02:00
24 Jul 00:00
23 Apr 00:00

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