Trade with an edge around todays United States ISM Non-Manufacturing PMI news event

Based on past United States ISM Non-Manufacturing PMI news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen if the released value is > 44. A price movement of 43 pips is expected.

Historical events that allowed us to draw this conclusion

05 Mar 02:00
06 Nov 02:00
06 Sep 00:00
06 Jun 00:00

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