What to trade around the EMU GDP Growth Rate QoQ Flash news event

Based on the last 12 GDP Growth Rate QoQ Flash events in EMU, we expect AUDUSD to trend down later today. Based on these past events there is a 75.0% of this.
We expect AUDUSD to trend down 4 hours following the event release at 30 Oct 10:00 if the released value is = 0.4%. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

02 May 09:00
 
31 Oct 10:00
 
01 Aug 09:00
 
03 May 09:00
 
31 Oct 10:00
 
12 Feb 10:00
 

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

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