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 71.43% chance of AUDUSD trending downwards. We expect this to happen because the released value is > 0.3%. A price movement of 75 pips may be on the cards.

Historical events that allowed us to draw this conclusion

26 Feb 19:00
01 Dec 17:45
28 Nov 17:45
05 Sep 15:45
28 May 15:45

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