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We could see USDCHF trend upwards for the next 2 hours.

Based on the last 12 Balance of Trade events in Japan, USDCHF may trend upwards for the next 2 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is < ¥-100.8B Historical events that allowed us to draw this conclusion

15 Dec 23:50
19 Oct 23:50
15 Sep 23:50
20 Jul 23:50
15 Jun 23:50
16 Mar 23:50

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

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