What to trade around Switzerland SNB Interest Rate Decison news event

Based on the last 12 SNB Interest Rate Decison events in Switzerland, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 17 Dec 08:30 if the released value is = -0.75%. A price movement of 71 pips is expected.

Historical events that allowed us to draw this conclusion

24 Sep 07:30
19 Mar 08:30
12 Dec 08:30
13 Jun 07:30
13 Dec 08:30
21 Jun 07:30
15 Mar 08:30
14 Dec 08:30