Euro Area Consumer Confidence Flash News Event – a $165.752 opportunity on USDCHF

We expect a $165.752 movement on USDCHF within 2 hours following the release of Consumer Confidence Flash at 20 May 14:00. We expect USDCHF to trend upwards 2 hours following the event release at 20 May 14:00 if the released value is > -24. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

23 Mar 15:00
20 Feb 15:00
21 Nov 15:00
20 Sep 14:00
23 Jul 14:00