10 pip movement on USDCHF expected

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 10 pip movement on USDCHF for the next 12 hours. We expect USDCHF to trend upwards for 12 hours because the released value is > 97.0

Historical events that allowed us to draw this conclusion

14 Sep 15:00
11 May 15:00
16 Mar 14:00
16 Feb 15:00

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