75% probability that USDCHF will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 Ifo Business Climate events in Germany, we expect USDCHF to trend downwards for the next 12 hours. Based on these past events there is a 75% chance of this. This will happen because the released value is > 98.5

Historical events that allowed us to draw this conclusion

27 Aug 09:00
25 Jul 09:00
25 Jun 09:00

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

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