We expect a $164.115 movement on USDCHF within 4 hours following the release of ISM Manufacturing PMI at 04 May 00:00. We expect USDCHF to trend upwards 4 hours following the event release at 04 May 00:00 if the released value is < 65. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion

02 Feb 02:00	02 Oct 00:00
02 Jun 00:00

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