Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $532.019 movement on USDCHF within the next 48 hours. We expect USDCHF to trend upwards for the next 48 hours because the released value is < -2.5% Historical events that allowed us to draw this conclusion
14 Aug 09:00 |
13 Feb 10:00 |
14 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).