We expect BZ to trend upwards later today. Based on these past Switzerland KOF Leading Indicators news events there is a 75% chance of this. We expect this to happen if the released value is < 101. A price movement of 369 pips is expected. Historical events that allowed us to draw this conclusion
30 Oct 08:00 |
30 Jun 07:00 |
29 May 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
