USDCHF may trend upwards from 2022-11-03 21:00

We expect a $504 movement on USDCHF within 4 hours following the release of Unemployment Rate at 2022-11-03 21:00. We expect USDCHF to trend upwards 4 hours following the event release at 2022-11-03 21:00 if the released value is = 6.6%. A price movement of 48 pips is expected.

Historical events that allowed us to draw this conclusion

30 Sep 19:00
01 Sep 19:00
01 Aug 19:00
10 Jan 21:00
02 Dec 21:00

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