Trade with an edge around todays United States Retail Sales MoM news event

Based on past United States Retail Sales MoM news events there is a 80% chance of EURUSD trending downwards. We expect this to happen because the released value is > -0.2%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

16 Sep 22:30
15 Apr 22:30
18 Feb 00:30
16 Oct 23:30

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