What to trade around Switzerland GDP Growth Rate YoY news event

Past performance is not an indicator of future results.
Based on the last 12 GDP Growth Rate YoY events in Switzerland, we expect AUDUSD to trend upwards right now. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend upwards for the next 2 hours because the released value is < 1.7%. A price movement of 11 pips is expected.

Historical events that allowed us to draw this conclusion

29 Nov 06:45

31 May 06:45

05 Sep 06:45

01 Jun 06:45

02 Dec 06:45

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

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