Japan Inflation Rate YoY News Event – a $717.71 opportunity on USDCHF

We expect a $717.71 movement on USDCHF within the next 48 hours. We expect USDCHF to trend downwards 48 hours following the Inflation Rate YoY events in Japan release because the released value is < 0.9%. A price movement of 66 pips is expected. Historical events that allowed us to draw this conclusion

20 Aug 09:30
21 May 09:30
23 Apr 09:30

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