Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 16 pip movement on USDCHF for the next 12 hours. We expect USDCHF to trend downwards for 12 hours because the released value is > -0.8%

Historical events that allowed us to draw this conclusion

28 Feb 00:30	28 Nov 00:30
27 Sep 22:30	26 Aug 22:30
25 Apr 22:30	02 Apr 23:30

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