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We expect USDCHF to trend upwards right now.

Based on the last 12 Deposit Facilty Rate events in Euro Area, we could see a 84 pip movement on USDCHF for the next 2 hours. USDCHF could trend upwards for 2 hours because the released value is = 3.75%

Historical events that allowed us to draw this conclusion

11 Apr 12:15
07 Mar 13:15
25 Jan 13:15
26 Oct 12:15
27 Jul 12:15
04 May 12:15
16 Mar 13:15
02 Feb 13:15

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

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