We expect a $259.657 movement on USDCHF within 4 hours following the release of Balance of Trade at 03 Oct 01:30. We expect USDCHF to trend upwards 4 hours following the event release at 03 Oct 01:30 if the released value is < A$6B. A price movement of 26 pips is expected. Historical events that allowed us to draw this conclusion
05 Sep 01:30 |
06 Jun 01:30 |
08 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
