Based on the last 12 Retail Sales MoM events in Australia, we expect USDCHF to trend upwards for the next 12 hours. Based on these past events there is a 80% chance of this. This will happen because the released value is < 0.2% Historical events that allowed us to draw this conclusion
04 Jun 01:30 |
07 Mar 00:30 |
05 Feb 00:30 |
03 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).