United States Retail Sales MoM News Event – a $425.352 opportunity on USDCHF

We expect a $425.352 movement on USDCHF within the next 4 hours. We expect USDCHF to trend upwards 4 hours following the Retail Sales MoM events in United States release because the released value is < 0.4%. A price movement of 40 pips is expected. Historical events that allowed us to draw this conclusion

15 Jan 00:30
16 Dec 00:30
17 Aug 22:30
16 Mar 23:30

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