Based on the last 12 Ifo Business Climate events in Germany, USDCHF may trend upwards for the next 12 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is > 91.4
Historical events that allowed us to draw this conclusion
25 Apr 08:00 |
22 Feb 09:00 |
25 Jan 09:00 |
25 May 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
