Trade with an edge around todays United States Inflation Rate YoY news event

Based on past United States Inflation Rate YoY news events there is a 80% chance of USDCHF trending upwards. We expect this to happen because the released value is > 0.8%. A price movement of 162 pips is expected.

Historical events that allowed us to draw this conclusion

11 Mar 23:30
14 Feb 00:30
13 Aug 22:30

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