Trade with an edge around todays United States Continuing Jobless Claims news event

Based on past United States Continuing Jobless Claims news events there is a 75% chance of USDJPY trending downwards. We expect this to happen if the released value is > 3335K. A price movement of 39 pips is expected.

Historical events that allowed us to draw this conclusion

17 Jun 22:30
20 May 22:30
06 May 22:30
29 Apr 22:30
22 Apr 22:30
15 Apr 22:30

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