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

We expect a $273 movement on USDCHF within the next 2 hours. We expect USDCHF to trend downwards 2 hours following the GDP Growth Rate QoQ Adv events in Italy release because the released value is > 0.3%. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jan 21:00
29 Oct 19:00
30 Apr 18:00
02 Feb 20:00
30 Oct 20:00
31 Jul 18:00
31 Oct 22:00

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