Based on past US Durable Goods Orders MoM news events there is a 83.3% of USDCHF trending up
We expect this to happen if the released value is > 0.4%. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
02 Apr 12:30 |
25 Oct 12:30 |
27 Sep 12:30 |
27 Jun 12:30 |
26 Apr 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)