Based on past Australia RBA Interest Rate Decision news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen if the released value is = 4.1%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
18 Feb 03:30 |
05 Nov 03:30 |
24 Sep 04:30 |
06 Aug 04:30 |
18 Jun 04:30 |
19 Mar 03:30 |
07 Nov 03:30 |
03 Oct 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
