23 pip movement on USDCHF expected

Past performance is not an indicator of future results.
Based on the last 12 Durable Goods Orders ex Tansp MoM events in United States, we expect a 23 pip movement on USDCHF for the next 12 hours. We expect USDCHF to trend upwards for 12 hours because the released value is < 0.1%

Historical events that allowed us to draw this conclusion

21 Feb 13:30
21 Dec 13:30
21 Nov 13:30
25 Oct 13:30
27 Sep 13:30
26 Jul 13:30
27 Jun 13:30
26 Apr 13:30
27 Feb 13:30

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

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