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We expect a $296.07 movement on USDCHF within 48 hours following the release of Michigan Consumer Sentiment Prel.

We expect a $296.07 movement on USDCHF within 48 hours following the release of Michigan Consumer Sentiment Prel at 16 Aug 14:00. We expect USDCHF to trend upwards 48 hours following the event release at 16 Aug 14:00 if the released value is < 97.2. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

19 Jul 14:00
14 Jun 14:00
12 Apr 14:00
18 Jan 15:00

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

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EUR/CHF Target Level: 1.0832

EUR/CHF Target Level: 1.0832

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