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There is a 83.33% chance of USDCHF trending upwards

Based on the last 12 Durable Goods Orders MoM events in United States, we expect USDCHF to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is < -0.6% Historical events that allowed us to draw this conclusion

24 Aug 12:30
25 May 12:30
26 Apr 12:30
24 Mar 12:30
27 Jan 13:30

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

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