Employment Change

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Based on the last 12 Employment Change events in Australia, we expect USDCHF to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect USDCHF to trend downwards 12 hours following the event release at 2023-05-18 01:30 if the released value is < 25K. A price movement of 138 pips is expected. Historical events that allowed us to draw this conclusion

16 Feb 00:30
19 Jan 00:30
20 Oct 00:30
15 Sep 01:30
19 May 01:30

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