Euro Area GDP Growth Rate QoQ 2nd Est News Event – a possible $172.565 movement on USDCHF

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect a $172.565 movement on USDCHF within 2 hours following the event release at 16 Nov 10:00. We expect USDCHF to trend upwards 2 hours following the event release at 16 Nov 10:00 if the released value is = 2.2%

Historical events that allowed us to draw this conclusion

17 Aug 09:00
18 May 09:00
14 Aug 09:00
14 Feb 10:00
14 Nov 10:00
15 May 09:00
14 Feb 10:00
14 Nov 10:00