Based on the last 12 Balance of Trade events in Japan, USDCHF may trend downwards for the next 48 hours. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > ¥-122.1B
Historical events that allowed us to draw this conclusion
19 Dec 23:50 |
15 Nov 23:50 |
18 Oct 23:50 |
19 Apr 23:50 |
15 Mar 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
