Trade with an edge around todays Germany Markit Manufacturing PMI Flash news event

Based on past Germany Markit Manufacturing PMI Flash news events there is a 83.33% chance of USDCAD trending upwards. We expect this to happen if the released value is > 41.5. A price movement of 13 pips is expected.

Historical events that allowed us to draw this conclusion

21 Feb 08:30
24 Jan 08:30
22 Nov 08:30
22 Aug 07:30
21 Jun 07:30