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We expect NZDUSD to trend downwards with a 66.67% chance.

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”).

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We expect a $0 movement on FF within the next 2 hours.

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