Possible 124 pip movement on USDCHF

Based on the last 12 Inflation Rate YoY Prel events in Germany, we may see a 124 pip movement on USDCHF within 48 hours following the event release at 30 May 22:00 GMT+10. USDCHF may trend downwards 48 hours following the event release at 30 May 22:00 GMT+10 if the released value is > 7.6%

Historical events that allowed us to draw this conclusion

28 Apr 22:00
30 Mar 23:00
01 Feb 00:00
30 Nov 00:00
28 Oct 23:00
29 Jul 22:00

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