Based on the last 12 Retail Sales MoM events in AU, we expect a $39.32 movement on USDCHF within 2 hours following the event release at 07 May 01:30.
We expect USDCHF to trend down 2 hours following the event release at 07 May 01:30 if the released value is > 0.3%
Historical events that allowed us to draw this conclusion
03 Apr 00:30 |
11 Jan 00:30 |
06 Dec 00:30 |
03 Aug 01:30 |
04 Jun 01:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
