Australia GDP Growth Rate QoQ News Event – a possible $195.912 movement on USDCHF

Based on the last 12 GDP Growth Rate QoQ events in Australia, we expect a $195.912 movement on USDCHF within the next 4 hours. We expect USDCHF to trend upwards for 4 hours because the released value is > 3%

Historical events that allowed us to draw this conclusion

01 Sep 11:30
02 Jun 11:30
03 Mar 11:30
04 Mar 11:30

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