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We expect USDCHF to trend upwards for the next 12 hours.

Based on the last 12 Retail Sales MoM events in Australia, we expect USDCHF to trend upwards for the next 12 hours. Based on these past events there is a 80% chance of this. This will happen because the released value is < 0.2% Historical events that allowed us to draw this conclusion

04 Jun 01:30
07 Mar 00:30
05 Feb 00:30
03 Sep 01:30

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

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