Australia NAB Business Confidence News Event – a possible $75.8 movement on USDCHF

Based on the last 12 NAB Business Confidence events in Australia, we expect a $75.8 movement on USDCHF within 2 hours following the event release at 08 Feb 00:30. We expect USDCHF to trend upwards 2 hours following the event release at 08 Feb 00:30 if the released value is < -14 Historical events that allowed us to draw this conclusion

25 Jan 00:30
14 Dec 00:30
08 Jun 01:30
13 Apr 01:30
27 Jan 00:30