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There is a 66.67% chance of NQ trending upwards

Based on past Switzerland Consumer Confidence news events there is a 66.67% chance of NQ trending upwards. We expect this to happen if the released value is < 4.5. A price movement of 9,100 pips is expected. Historical events that allowed us to draw this conclusion

05 Nov 06:45
15 Apr 09:30
05 Feb 06:45
04 Nov 06:45

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

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