Trade with an edge around todays Australia RBA Interest Rate Decision news event

Past performance is not an indicator of future results.
Based on past Australia RBA Interest Rate Decision news events there is a 66.67% chance of USDCAD trending downwards. We expect this to happen because the released value is = 1.5%. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

05 Feb 03:30
04 Dec 03:30
06 Nov 03:30
04 Sep 05:30
07 Aug 05:30
03 Jul 05:30
05 Jun 05:30
03 Apr 05:30

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