Trade with an edge around todays Switzerland KOF Leading Indicators news event

Based on past Switzerland KOF Leading Indicators news events there is a 80% chance of USDCAD trending downwards. We expect this to happen if the released value is > 99.5. A price movement of 106 pips is expected.

Historical events that allowed us to draw this conclusion

28 Sep 08:00
29 Jun 08:00
22 Dec 08:00
30 Nov 08:00

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

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