We expect a $1055 movement on USDCHF within the next 48 hours. We expect USDCHF to trend upwards 48 hours following the Inflation Rate YoY events in Australia release because the released value is > 3.4%. A price movement of 94 pips is expected.
Historical events that allowed us to draw this conclusion
25 Oct 00:30 |
26 Apr 01:30 |
27 Apr 01:30 |
25 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
