Based on the last 12 Consumer Confidence Flash events in Euro Area, we may see a 18 pip movement on USDCHF within 2 hours following the event release at 21 Apr 14:00 UTC. USDCHF may trend upwards 2 hours following the event release at 21 Apr 14:00 UTC if the released value is > -20

Historical events that allowed us to draw this conclusion

21 Jan 15:00

22 Sep 14:00

21 May 14:00

22 Apr 14:00