Based on the last 12 Ivey PMI s.a events in Canada, we expect USDCHF to trend downwards for the next 48 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 58.7

Historical events that allowed us to draw this conclusion

08 Oct 01:00	09 Sep 00:00
08 Jul 00:00	08 Apr 00:00
06 Feb 02:00

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