Based on the last 12 Ivey PMI s.a events in Canada, we expect a $1,286.173 movement on USDCHF within 48 hours following the event release at 07 Nov 02:00. We expect USDCHF to trend downwards 48 hours following the event release at 07 Nov 02:00 if the released value is > 51.5

Historical events that allowed us to draw this conclusion

08 Aug 00:00	08 Jul 00:00
06 Jun 00:00	07 Mar 02:00

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