We expect a $178 movement on USDCHF within the next 4 hours.

We expect a $178 movement on USDCHF within the next 4 hours. We expect USDCHF to trend upwards 4 hours following the Unemployment Rate events in Euro Area release because the released value is < 6.6%. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

30 Jun 09:00

03 Mar 10:00

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