We expect a $194 movement on USDCHF within 2 hours following the release of Unemployment Rate at 2023-03-02 21:00. We expect USDCHF to trend downwards 2 hours following the event release at 2023-03-02 21:00 if the released value is > 6.6%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

01 Feb 21:00

03 May 19:00

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