71 pip movement on EURUSD expected

Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a 71 pip movement on EURUSD within 2 hours following the event release at 25 Mar 19:30 GMT+11. We expect EURUSD to trend downwards 2 hours following the event release at 25 Mar 19:30 GMT+11 if the released value is = -0.75%

Historical events that allowed us to draw this conclusion

17 Dec 19:30
24 Sep 17:30
19 Mar 19:30
12 Dec 19:30
13 Jun 17:30
13 Dec 19:30
21 Jun 17:30
15 Mar 19:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).