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There is a 75% chance of 6C trending downwards

Based on past Switzerland GDP Growth Rate QoQ news events there is a 75% chance of 6C trending downwards. We expect this to happen if the released value is < 0.4%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

26 Nov 08:00
03 Jun 05:45
28 Feb 06:45

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

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