Germany ZEW Economic Sentiment Index News Event – a possible $247.35 movement on USDCHF

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $247.35 movement on USDCHF within 2 hours following the event release at 16 Feb 10:00. We expect USDCHF to trend downwards 2 hours following the event release at 16 Feb 10:00 if the released value is > 59.6

Historical events that allowed us to draw this conclusion

19 Jan 10:00
15 Sep 09:00
11 Aug 09:00
16 Jun 09:00
19 May 09:00