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There is a 71.43% chance of KW trending upwards

Based on past Switzerland Consumer Confidence news events there is a 71.43% chance of KW trending upwards. We expect this to happen because the released value is < 1.5. A price movement of 1,412 pips is expected. Historical events that allowed us to draw this conclusion

15 Apr 09:30
05 Feb 06:45
04 Nov 06:45
02 Aug 05:45
02 May 05:45

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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