We expect USDCHF to trend upwards for the next 2 hours. Based on these past France Inflation Rate YoY Prel news events there is a 66.67% chance of this. We expect this to happen because the released value is < 3.8%. A price movement of 23 pips is expected. Historical events that allowed us to draw this conclusion
30 Nov 07:45 |
30 Jun 06:45 |
31 May 06:45 |
31 Jan 07:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).