We expect a $649 movement on USDCHF within the next 12 hours. We expect USDCHF to trend upwards 12 hours following the GDP Growth Rate QoQ 1st Est events in France release because the released value is > 0.1%. A price movement of 60 pips is expected.
Historical events that allowed us to draw this conclusion
29 Jul 05:30 |
28 Jan 06:30 |
30 Oct 06:30 |
31 Jul 05:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
