71.43% probability that USDCHF may trend downwards

Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is < 72 Historical events that allowed us to draw this conclusion

14 Aug 00:00
15 May 00:00
17 Apr 00:00
13 Feb 02:00
16 Jan 02:00
14 Nov 02:00

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