Germany Markit Manufacturing PMI Flash News Event – a $321.894 opportunity on USDCHF

We expect a $321.894 movement on USDCHF within the next 48 hours. We expect USDCHF to trend upwards 48 hours following the Markit Manufacturing PMI Flash events in Germany release because the released value is < 52.2. A price movement of 32 pips is expected.

Historical events that allowed us to draw this conclusion

24 Oct 08:30
21 Sep 08:30
23 Aug 08:30
23 May 08:30
22 Mar 08:30

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

Tradez Maintenant