We expect a $112.928 movement on USDCHF within the next 4 hours. We expect USDCHF to trend downwards 4 hours following the Industrial Production YoY events in Euro Area release because the released value is > -4.4%. A price movement of 10 pips is expected.

Historical events that allowed us to draw this conclusion

14 Sep 19:00	12 Jun 19:00
16 Apr 19:00	12 Dec 21:00

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