Trade with an edge around todays United States New Home Sales news event

Based on past United States New Home Sales news events there is a 66.67% chance of NZDUSD trending downwards. We expect this to happen if the released value is < 0.806M. A price movement of 65 pips is expected. Historical events that allowed us to draw this conclusion

24 Dec 02:00
25 Nov 02:00
27 Jul 00:00
24 Mar 01:00

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