Euro Area ECB Interest Rate Decision News Event – a possible $744.282 movement on USDCHF

Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect a $744.282 movement on USDCHF within 12 hours following the event release at 10 Mar 23:45. We expect USDCHF to trend downwards 12 hours following the event release at 10 Mar 23:45 if the released value is = 0%

Historical events that allowed us to draw this conclusion

03 Feb 23:45
16 Dec 23:45
28 Oct 22:45
09 Sep 21:45
10 Jun 21:45
11 Mar 23:45
21 Jan 23:45
10 Dec 23:45

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