Based on the last 12 NAB Business Confidence events in Australia, we expect a $513.295 movement on USDCHF within 48 hours following the event release at 12 May 11:30. We expect USDCHF to trend upwards 48 hours following the event release at 12 May 11:30 if the released value is > -75

Historical events that allowed us to draw this conclusion

13 Aug 11:30

11 Jun 11:30

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