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We expect USDCHF to trend downwards right now.

Based on the last 12 Unemployment Rate events in United Kingdom, USDCHF may trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is = 4.4%

Historical events that allowed us to draw this conclusion

17 Dec 07:00
10 Sep 06:00
14 May 06:00

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

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