Trade with an edge around todays Germany Ifo Business Climate news event

Based on past Germany Ifo Business Climate news events there is a 71.43% chance of AUDUSD trending downwards. We expect this to happen if the released value is < 96.5. A price movement of 86 pips is expected. Historical events that allowed us to draw this conclusion

17 Dec 20:00
24 Nov 20:00
24 Sep 18:00
25 Aug 18:00
26 Apr 18:00

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