33 pip movement on USDCHF expected

Based on past Euro Area Unemployment Rate news events there is a 66.67% chance of USDCHF trending upwards. We expect this to happen if the released value is < 6.6%. A price movement of 33 pips is expected. Historical events that allowed us to draw this conclusion

30 Jun 19:00
03 Mar 21:00

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