We expect a $449 movement on USDCHF within the next 12 hours. We expect USDCHF to trend upwards 12 hours following the PPI MoM events in United States release because the released value is > 0.1%. A price movement of 40 pips is expected.
Historical events that allowed us to draw this conclusion
14 Sep 12:30 |
11 Aug 12:30 |
16 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
