Based on the last 12 Balance of Trade events in Japan, a $111.39 movement on USDCHF may occur within 2 hours following the event release at 18 May 23:50. USDCHF could trend downwards 2 hours following the event release at 18 May 23:50 if the released value is > ¥-1150B
Historical events that allowed us to draw this conclusion
19 Jan 23:50 |
17 Aug 23:50 |
18 Apr 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
