Based on the last 12 Ifo Business Climate events in Germany, USDCHF could experience an downwards trend. Based on these past events there is a 66.67% chance of this, and the trend could last 2 hours because the released value is < 92.9. Historical events that allowed us to draw this conclusion
25 Mar 09:00 |
24 Sep 08:00 |
25 Aug 08:00 |
26 Jul 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
