15 pip movement on USDCHF expected

Based on the last 12 Employment Change events in Australia, we expect a 15 pip movement on USDCHF within 2 hours following the event release at 20 Feb 00:30 UTC. We expect USDCHF to trend downwards 2 hours following the event release at 20 Feb 00:30 UTC if the released value is < 10K Historical events that allowed us to draw this conclusion

17 Oct 00:30
18 Jul 01:30
21 Mar 00:30