Based on the last 12 Unemployment Rate events in Euro Area, we expect a 25 pip movement on USDCHF within 4 hours following the event release at 02 Jul 19:00 GMT+10. We expect USDCHF to trend downwards 4 hours following the event release at 02 Jul 19:00 GMT+10 if the released value is = 7.7%

Historical events that allowed us to draw this conclusion

03 Mar 21:00	09 Jan 21:00
30 Aug 19:00	31 Jul 19:00

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