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We expect CL to trend upwards for the next 48 hours.

Based on the last 12 Consumer Confidence events in Switzerland, we expect CL to trend upwards for the next 48 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < -10 Historical events that allowed us to draw this conclusion

03 May 05:45
02 Aug 05:45
02 May 05:45
02 Nov 06:45

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

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USD/CHF is quickly approaching 0.9870. We expect either a breakout through this line, or a rebound.

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There is a 80% chance of USDJPY trending upwards

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