Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect a $570 movement on AUDUSD within 4 hours following the event release at 2023-03-23 19:30. We expect AUDUSD to trend upwards 4 hours following the event release at 2023-03-23 19:30 if the released value is = 1.5%

Historical events that allowed us to draw this conclusion

22 Sep 17:30	24 Mar 19:30
16 Dec 19:30	23 Sep 17:30
25 Mar 19:30	17 Dec 19:30
24 Sep 17:30	19 Mar 19:30

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