United States ISM Manufacturing PMI News Event – a $130.262 opportunity on USDCHF

We expect a $130.262 movement on USDCHF within 2 hours following the release of ISM Manufacturing PMI at 01 Feb 15:00. We expect USDCHF to trend upwards 2 hours following the event release at 01 Feb 15:00 if the released value is < 57.5. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion

02 Aug 14:00
01 Jul 14:00
03 May 14:00
01 Feb 15:00