Trade with an edge around todays New Zealand Interest Rate Decision news event

Based on past New Zealand Interest Rate Decision news events there is a 77.78% chance of USDCHF trending upwards. We expect this to happen if the released value is = 0.25%. A price movement of 56 pips is expected.

Historical events that allowed us to draw this conclusion

24 Jun 12:00
13 May 12:00
25 Sep 12:00
26 Jun 12:00
08 Nov 07:00

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