Trade with an edge around todays United States Philadelphia Fed Manufacturing Index news event

Past performance is not an indicator of future results.
Based on past United States Philadelphia Fed Manufacturing Index news events there is a 83.33% chance of EURUSD trending downwards. We expect this to happen because the released value is > 4.5. A price movement of 46 pips is expected.

Historical events that allowed us to draw this conclusion

17 Jan 13:30
18 Oct 13:30
20 Sep 13:30
17 May 13:30
19 Apr 13:30

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