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We expect USDCHF to trend downwards for the next 2 hours.

We expect a $578 movement on USDCHF within the next 2 hours. We expect USDCHF to trend downwards 2 hours following the Unemployment Rate events in United Kingdom release because the released value is < 3.6%. A price movement of 55 pips is expected. Historical events that allowed us to draw this conclusion

13 Sep 06:00
19 Jul 06:00
17 May 06:00
15 Mar 07:00
16 Nov 07:00

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

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