20 pip movement on USDCHF expected

Past performance is not an indicator of future results.
Based on the last 12 Unemployment Rate events in Germany, we expect a 20 pip movement on USDCHF for the next 48 hours. We expect USDCHF to trend upwards for 48 hours because the released value is = 4.9%

Historical events that allowed us to draw this conclusion

01 Mar 08:55
31 Jan 08:55
30 Oct 08:55
31 Jul 08:55
27 Apr 08:55

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