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JP Unemployment Rate News Event – a possible $99.84 movement on USDCHF

JP Unemployment Rate News Event – a possible $99.84 movement on USDCHF

Based on the last 12 Unemployment Rate events in JP, we expect a $99.84 movement on USDCHF within 4 hours following the event release at 29 Oct 23:30.
We expect USDCHF to trend down 4 hours following the event release at 29 Oct 23:30 if the released value is < 2.4% Historical events that allowed us to draw this conclusion

27 Sep 23:30
 
28 Jun 23:30
 
29 Mar 23:30
 
01 Mar 23:30
 

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

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