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We expect a $517.344 movement on USDCHF within 48 hours following the event release at 04 Nov 00:30.

Based on the last 12 Retail Sales MoM events in Australia, we expect a $517.344 movement on USDCHF within 48 hours following the event release at 04 Nov 00:30. We expect USDCHF to trend upwards 48 hours following the event release at 04 Nov 00:30 if the released value is < 0.5% Historical events that allowed us to draw this conclusion

04 Jul 01:30
04 Jun 01:30
07 Mar 00:30
05 Feb 00:30
02 Nov 00:30

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

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