Switzerland KOF Leading Indicators News Event – a possible $513.207 movement on USDCHF

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $513.207 movement on USDCHF within 12 hours following the event release at 30 Dec 19:00. We expect USDCHF to trend upwards 12 hours following the event release at 30 Dec 19:00 if the released value is > 106.4

Historical events that allowed us to draw this conclusion

29 Oct 18:00
28 May 17:00
30 Apr 17:00
30 Mar 18:00
26 Feb 19:00

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