We expect a $1514 movement on USDCHF within the next 48 hours.

We expect a $1514 movement on USDCHF within the next 48 hours. We expect USDCHF to trend downwards 48 hours following the Balance of Trade events in Germany release because the released value is < € -13.6B. A price movement of 144 pips is expected. Historical events that allowed us to draw this conclusion

04 Jul 06:00

03 Jun 06:00

04 Mar 07:00

09 Feb 07:00

07 Jan 07:00

09 Dec 07:00

09 Nov 07:00

09 Aug 06:00

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