Trade with an edge around todays Switzerland KOF Leading Indicators news event

Based on past Switzerland KOF Leading Indicators news events there is a 71.43% chance of NZDUSD trending upwards. We expect this to happen if the released value is > 106. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

28 Aug 17:00
30 Mar 18:00
28 Feb 19:00
30 Dec 19:00
30 Oct 19:00

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