We expect a $1554 movement on USDCHF within the next 12 hours. We expect USDCHF to trend downwards 12 hours following the Inflation Rate YoY Flash events in Euro Area release because the released value is > 2%. A price movement of 125 pips is expected.
Historical events that allowed us to draw this conclusion
01 Aug 09:00 |
03 Mar 10:00 |
03 Feb 10:00 |
31 Oct 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
