Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $359.116 movement on USDCHF within the next 4 hours. We expect USDCHF to trend upwards for 4 hours because the released value is < 22.2% Historical events that allowed us to draw this conclusion

14 Apr 19:00	15 Feb 21:00
12 Nov 21:00	14 Jul 19:00

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