What to trade around Canada BoC Interest Rate Decision news event

Based on the last 12 BoC Interest Rate Decision events in Canada, we expect NZDUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards for the next 48 hours because the released value is = 1.75%. A price movement of 78 pips is expected.

Historical events that allowed us to draw this conclusion

05 Dec 02:00
31 Oct 01:00
05 Sep 00:00
11 Jul 00:00
30 May 00:00
25 Apr 00:00
07 Mar 02:00
10 Jan 02:00