Based on the last 12 RBA Interest Rate Decision events in Australia, we expect USDCHF to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards for the next 12 hours because the released value is = 0.1%. A price movement of 47 pips is expected.
Historical events that allowed us to draw this conclusion
07 Dec 03:30 |
02 Nov 03:30 |
05 Oct 03:30 |
07 Sep 04:30 |
06 Jul 04:30 |
04 May 04:30 |
02 Mar 03:30 |
02 Feb 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
