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We expect USDCHF to trend upwards today with a 75% chance.

Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect USDCHF to trend upwards later today. Based on these past events there is a 75% chance of this. This will happen if the released value is = 0%

Historical events that allowed us to draw this conclusion

10 Apr 11:45
07 Mar 12:45
24 Jan 12:45
13 Dec 12:45
25 Oct 11:45
26 Jul 11:45
14 Jun 11:45
26 Apr 11:45
08 Mar 12:45

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

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EUR/USD Target Level: 1.1175

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