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There is a 66.67% chance of USDCHF trending upwards

Based on the last 12 Ivey PMI s.a events in Canada, we could see a $539 movement on USDCHF within the next 48 hours. We may see USDCHF trend upwards for 48 hours because the released value is < 55.4 Historical events that allowed us to draw this conclusion

06 Dec 15:00
06 Sep 14:00
07 Aug 14:00
06 Jun 14:00

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

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We expect ZW to trend downwards today with a 66.67% chance.

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