Switzerland GDP Growth Rate QoQ News Event – a $128.94 opportunity on USDJPY

We expect a $128.94 movement on USDJPY within the next 4 hours. We expect USDJPY to trend upwards 4 hours following the GDP Growth Rate QoQ events in Switzerland release because the released value is < -2%. A price movement of 14 pips is expected. Historical events that allowed us to draw this conclusion

29 Nov 17:45
05 Sep 15:45
01 Jun 15:45

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