Switzerland Consumer Confidence News Event – a possible $330 movement on EURUSD

Based on the last 12 Consumer Confidence events in Switzerland, we expect a $330 movement on EURUSD within 2 hours following the event release at 04 Nov 08:00. We expect EURUSD to trend upwards 2 hours following the event release at 04 Nov 08:00 if the released value is > 4.5

Historical events that allowed us to draw this conclusion

03 Aug 07:00
04 Aug 05:45
01 Feb 06:45
01 Nov 06:45