Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 43 pip movement on USDCHF within 48 hours following the event release at 14 Jun 19:00 GMT+10. We expect USDCHF to trend downwards 48 hours following the event release at 14 Jun 19:00 GMT+10 if the released value is < 37.4% Historical events that allowed us to draw this conclusion

12 May 19:00	14 Apr 19:00
12 Nov 21:00	12 Aug 19:00

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