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We expect a $275 movement on CRD within the next 48 hours.

Based on the last 12 Inflation Rate YoY Prel events in France, we could see a $275 movement on CRD within the next 48 hours. We may see CRD trend downwards for 48 hours because the released value is > 1.1%

Historical events that allowed us to draw this conclusion

30 Aug 06:45
30 Apr 06:45
31 Jan 07:45

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

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GBPCHF is approaching a support line of a Channel Down. It has touched this line numerous times in the last 16 days.

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