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We expect USDCHF to trend upwards right now.

Based on the last 12 Non Farm Payrolls events in United States, we could see a $564 movement on USDCHF within the next 2 hours. We may see USDCHF trend upwards for 2 hours because the released value is > 135K

Historical events that allowed us to draw this conclusion

06 Dec 13:30
04 Oct 12:30
05 Jul 12:30
07 Jun 12:30

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

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Supports and resistances are primary concepts of technical analysis. BTCAUD is heading for an important price of 139803.9063 – read about what this could mean for the future.

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