Trade with an edge around todays Germany Balance of Trade news event

Based on past Germany Balance of Trade news events there is a 70% chance of USDCAD trending upwards. We expect this to happen if the released value is < €7.1B. A price movement of 34 pips is expected. Historical events that allowed us to draw this conclusion

04 Mar 07:00
07 Jan 07:00
09 Dec 07:00
09 Sep 06:00
09 Aug 06:00
08 Jul 06:00
09 Apr 06:00