We expect a $183 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 > 0.3%. A price movement of 18 pips is expected.

Historical events that allowed us to draw this conclusion

16 Feb 21:00	14 Dec 21:00
12 Nov 21:00	13 Oct 20:00
15 Sep 19:00

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