Based on the last 12 Ifo Business Climate events in Germany, we expect a $706.29 movement on USDCHF within the next 48 hours. We expect USDCHF to trend upwards for the next 48 hours because the released value is > 94.7
Historical events that allowed us to draw this conclusion
25 May 08:00 |
26 Mar 09:00 |
22 Feb 09:00 |
18 Dec 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
