Trade with an edge around todays Canada BoC Interest Rate Decision news event

Past performance is not an indicator of future results.
Based on past Canada BoC Interest Rate Decision news events there is a 72.73% chance of AUDUSD trending downwards. We expect this to happen because the released value is = 1.75%. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

09 Jan 15:00
05 Dec 15:00
24 Oct 15:00
11 Jul 15:00
18 Apr 15:00
17 Jan 15:00
06 Dec 15:00
25 Oct 15:00

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