Trade with an edge around todays Germany Inflation Rate YoY Prel news event

Based on past Germany Inflation Rate YoY Prel news events there is a 83.33% chance of AUDUSD trending upwards. We expect this to happen because the released value is > 5%. A price movement of 66 pips is expected.

Historical events that allowed us to draw this conclusion

28 Oct 23:00
29 Jul 22:00
31 May 22:00
02 Mar 00:00
29 Jan 00:00

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