We expect a $190 movement on USDCHF within the next 2 hours.

We expect a $190 movement on USDCHF within the next 2 hours. We expect USDCHF to trend downwards 2 hours following the ISM Manufacturing PMI events in United States release because the released value is < 47.6. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

03 Jul 14:00

01 Jun 14:00

03 Apr 14:00

01 Mar 15:00

01 Feb 15:00

04 Jan 15:00

01 Dec 15:00

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