Based on the last 12 RBA Interest Rate Decision events in Australia, we could see a 114 pip movement on USDCHF for the next 48 hours. USDCHF could trend upwards for 48 hours because the released value is = 3.85%
Historical events that allowed us to draw this conclusion
18 Feb 03:30 |
10 Dec 03:30 |
05 Nov 03:30 |
24 Sep 04:30 |
06 Aug 04:30 |
07 May 04:30 |
06 Feb 03:30 |
05 Dec 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
