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There is a 75% chance of ZR trending downwards

Based on past Switzerland KOF Leading Indicators news events there is a 75% chance of ZR trending downwards. We expect this to happen if the released value is > 94.5. A price movement of 7 pips is expected.

Historical events that allowed us to draw this conclusion

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

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