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Want to know why USDCHF is going down today?

Want to know why USDCHF is going down today?

Based on the last 12 Non Farm Payrolls events in US, we expect a $127.40 movement on USDCHF within 4 hours following the event release at 03 May 12:30.
We expect USDCHF to trend down 4 hours following the event release at 03 May 12:30 if the released value is < 180K Historical events that allowed us to draw this conclusion

08 Mar 13:30
 
07 Dec 13:30
 
05 Oct 12:30
 
03 Aug 12:30
 

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

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