We could see a $721.83 movement on USDCHF within the next 48 hours. USDCHF could trend downwards 48 hours following the KOF Leading Indicators events in Switzerland release because the released value is > 96.3. We may experience a price movement of 69 pips.
Historical events that allowed us to draw this conclusion
28 Jan 08:00 |
30 Dec 08:00 |
29 Oct 07:00 |
30 Sep 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).