Trade with an edge around todays Euro Area Consumer Confidence Flash news event

Based on past Euro Area Consumer Confidence Flash news events there is a 71.43% chance of EURUSD trending downwards. We expect this to happen because the released value is > -16.8. A price movement of 53 pips is expected.

Historical events that allowed us to draw this conclusion

20 Nov 15:00
22 Sep 14:00
20 May 14:00
23 Mar 15:00
20 Feb 15:00