We expect a $331.799 movement on USDCHF within 4 hours following the release of Retail Sales MoM at 14 Apr 22:30. We expect USDCHF to trend downwards 4 hours following the event release at 14 Apr 22:30 if the released value is > 0.6%. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

17 Feb 00:30	17 Nov 00:30
15 Oct 23:30	15 Apr 22:30

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