We expect a $99.163 movement on USDCHF within 4 hours following the release of Balance of Trade at 05 Aug 22:30. We expect USDCHF to trend upwards 4 hours following the event release at 05 Aug 22:30 if the released value is < $-50.1B. A price movement of 9 pips is expected. Historical events that allowed us to draw this conclusion

02 Jul 22:30	05 May 22:30
04 Oct 22:30

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