What to trade around Canada GDP Growth Rate QoQ news event

We expect a $640 movement on EURUSD within 4 hours following the release of GDP Growth Rate QoQ at 2023-03-01 00:30. We expect EURUSD to trend upwards 4 hours following the event release at 2023-03-01 00:30 if the released value is < 0.4%. A price movement of 64 pips is expected. Historical events that allowed us to draw this conclusion

31 Aug 22:30
31 May 22:30
01 Jun 22:30
02 Dec 00:30

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