Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect USDCHF to trend upwards for the next 48 hours. Based on these past events there is a 75% chance of this. This may happen because the released value is > 50.1

Historical events that allowed us to draw this conclusion

04 Jun 00:00	06 May 00:00
06 Feb 02:00	08 Jan 02:00
06 Nov 02:00	06 Sep 00:00

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