Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect NZDUSD to trend downwards. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards for 4 hours because the released value is = -0.75%. A price movement of 22 pips is expected.
Historical events that allowed us to draw this conclusion
13 Jun 07:30 |
21 Mar 08:30 |
13 Dec 08:30 |
15 Mar 08:30 |
14 Sep 07:30 |
15 Jun 07:30 |
16 Mar 08:30 |
15 Dec 08:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
