Trade with an edge around todays Germany Inflation Rate YoY Prel news event

Based on past Germany Inflation Rate YoY Prel news events there is a 66.67% chance of EURUSD trending downwards. We expect this to happen if the released value is > 0.7%. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

29 Oct 13:00
29 Jun 12:00