Switzerland KOF Leading Indicators News Event – a possible $430 movement on EURUSD

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $430 movement on EURUSD within 2 hours following the event release at 29 May 07:00. We expect EURUSD to trend upwards 2 hours following the event release at 29 May 07:00 if the released value is > 70

Historical events that allowed us to draw this conclusion

30 Mar 07:00
28 Feb 08:00
30 Jan 08:00
30 Dec 08:00
30 Aug 07:00
30 Jul 07:00