If the released value is > 91.4 for the Ifo Business Climate event, we could see a $812.981 movement on USDCHF within 48 hours following the release at 23 May 18:00. This movement may form an upwards trend for 48 hours following the event release at 23 May 18:00.

Historical events that allowed us to draw this conclusion

25 Apr 18:00	22 Feb 20:00
25 Jan 20:00	25 May 18:00

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