Based on the last 12 Balance of Trade events in Japan, USDCHF could experience an upwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 48 hours because the released value is < ¥-339.5B. Historical events that allowed us to draw this conclusion
19 Sep 23:50 |
16 Aug 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
