We expect a $1030 movement on USDCHF within the next 12 hours. We expect USDCHF to trend downwards 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 83 pips is expected.
Historical events that allowed us to draw this conclusion
30 Oct 06:30 |
30 Jul 05:30 |
28 Jul 05:30 |
31 Jan 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
