United States ISM Non-Manufacturing PMI News Event – a $800.798 opportunity on USDCHF

We expect a $800.798 movement on USDCHF within 48 hours following the release of ISM Non-Manufacturing PMI at 04 Jun 00:00. We expect USDCHF to trend upwards 48 hours following the event release at 04 Jun 00:00 if the released value is > 63. A price movement of 72 pips is expected.

Historical events that allowed us to draw this conclusion

04 Feb 02:00
08 Jan 02:00
06 Oct 01:00
06 Aug 00:00
07 Jul 00:00
04 Jun 00:00

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