Based on the last 12 RBA Interest Rate Decision events in Australia, we expect a 109 pip movement on USDCHF within 48 hours following the event release at 2023-04-04 14:30. We expect USDCHF to trend upwards 48 hours following the event release at 2023-04-04 14:30 if the released value is = 3.6%

Historical events that allowed us to draw this conclusion

07 Mar 14:30	01 Nov 14:30
02 Aug 14:30	05 Jul 14:30
05 Apr 14:30	01 Mar 14:30

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