We expect a $1266 movement on USDCHF within 48 hours following the event release at 2022-07-20 23:50.

We expect a $1266 movement on USDCHF within 48 hours following the release of Balance of Trade at 2022-07-20 23:50. We expect USDCHF to trend downwards 48 hours following the event release at 2022-07-20 23:50 if the released value is > ¥-1509.7B. A price movement of 123 pips is expected.

Historical events that allowed us to draw this conclusion

18 May 23:50

19 Jan 23:50

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