What to trade around Italy GDP Growth Rate QoQ Adv news event

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect USDCAD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCAD to trend upwards 2 hours following the event release at 30 Jul 08:00 if the released value is < 1.3%. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion

31 Jan 09:00
30 Oct 09:00