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 75% chance of NZDUSD trending upwards. We expect this to happen if the released value is < 0.75M. A price movement of 19 pips is expected. Historical events that allowed us to draw this conclusion

24 Dec 02:00
26 Jun 00:00
24 May 00:00

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