Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 46 pip movement on USDCHF for the next 12 hours. We expect USDCHF to trend downwards for 12 hours because the released value is < 61.4 Historical events that allowed us to draw this conclusion

12 Feb 02:00	13 Nov 02:00
16 Oct 01:00	14 Aug 00:00
17 Jul 00:00	15 May 00:00

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