Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect USDCHF to trend upwards right now. Based on these past events there is a 75% chance of this. We expect USDCHF to trend upwards for the next 48 hours because the released value is = -0.75%. A price movement of 125 pips is expected.

Historical events that allowed us to draw this conclusion

25 Mar 19:30	17 Dec 19:30
24 Sep 17:30	18 Jun 17:30
19 Mar 19:30	12 Dec 19:30
13 Jun 17:30	21 Mar 19:30
13 Dec 19:30

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