Japan Unemployment Rate News Event – a $1,332.295 opportunity on USDCHF

We expect a $1,332.295 movement on USDCHF within 48 hours following the release of Unemployment Rate at 31 Jul 09:30. We expect USDCHF to trend downwards 48 hours following the event release at 31 Jul 09:30 if the released value is < 3.1%. A price movement of 121 pips is expected. Historical events that allowed us to draw this conclusion

29 May 09:30
31 Jan 10:30
27 Dec 10:30
01 Oct 09:30

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