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There is a 75% chance of GC trending upwards

Based on past Switzerland KOF Leading Indicators news events there is a 75% chance of GC trending upwards. We expect this to happen if the released value is < 90. A price movement of 1,919 pips is expected. Historical events that allowed us to draw this conclusion

30 Jun 07:00
29 May 07:00
29 Nov 08:00

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

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Important price line breached by GER30. This price has been tested numerous times before.

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