United States ISM Manufacturing PMI News Event – a $361.383 opportunity on USDCHF

We expect a $361.383 movement on USDCHF within 2 hours following the release of ISM Manufacturing PMI at 01 Nov 14:00. We expect USDCHF to trend downwards 2 hours following the event release at 01 Nov 14:00 if the released value is > 60.5. A price movement of 33 pips is expected.

Historical events that allowed us to draw this conclusion

01 Oct 14:00
01 Sep 14:00
01 Jun 14:00
01 Apr 14:00
01 Mar 15:00
05 Jan 15:00