Trade with an edge around todays Switzerland GDP Growth Rate QoQ news event

Based on past Switzerland GDP Growth Rate QoQ news events there is a 66.67% chance of NZDUSD trending upwards. We expect this to happen if the released value is > -0.5%. A price movement of 101 pips is expected.

Historical events that allowed us to draw this conclusion

01 Dec 17:45
27 Aug 15:45
03 Mar 17:45
28 Nov 17:45
05 Sep 15:45
31 May 15:45

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