85.71% probability that EURUSD may trend upwards right now

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect EURUSD to trend upwards for the next 12 hours. Based on these past events there is a 85.71% chance of this. This may happen because the released value is > 90

Historical events that allowed us to draw this conclusion

30 Jul 17:00
28 Feb 19:00
30 Jan 19:00
30 Dec 19:00
30 Oct 19:00

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