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There is a 75% chance of USDCHF trending upwards

Based on the last 12 GDP Growth Rate QoQ Prel events in Japan, we could see a $366 movement on USDCHF within the next 12 hours. USDCHF could trend upwards for the next 12 hours because the released value is > 0.3%

Historical events that allowed us to draw this conclusion

14 Aug 23:50
16 May 23:50
17 May 23:50

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

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