What to trade around Germany ZEW Economic Sentiment Index news event

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > -50

Historical events that allowed us to draw this conclusion

18 Oct 20:00
10 May 19:00
18 Jan 21:00
07 Dec 21:00

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