We expect a $50.39 movement on USDCHF within the next 4 hours.
We expect USDCHF to trend up 4 hours following the NAB Business Confidence events in AU release because the released value is > 5. A price movement of 5 pips is expected.
Historical events that allowed us to draw this conclusion
14 Aug 01:30 |
07 May 01:30 |
13 Feb 00:30 |
14 Nov 00:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
