USDCHF will trend downwards right now

Past performance is not an indicator of future results.
We expect USDCHF to trend downwards for the next 4 hours. Based on these past United States Existing Home Sales news events there is a 75% chance of this. We expect this to happen because the released value is > 5.1M. A price movement of 4 pips is expected.

Historical events that allowed us to draw this conclusion

19 Dec 15:00
21 Nov 15:00
21 Mar 14:00

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