Germany Markit Manufacturing PMI Flash News Event – a $277.573 opportunity on USDCHF

We expect a $277.573 movement on USDCHF within 2 hours following the release of Markit Manufacturing PMI Flash at 24 Mar 08:30. We expect USDCHF to trend downwards 2 hours following the event release at 24 Mar 08:30 if the released value is > 60.8. A price movement of 26 pips is expected.

Historical events that allowed us to draw this conclusion

19 Feb 08:30
16 Dec 08:30
23 Nov 08:30
23 Oct 07:30
23 Sep 07:30
24 Mar 08:30