Based on the last 12 Durable Goods Orders MoM events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 88.89% chance of this. This may happen if the released value is > 1.1%

Historical events that allowed us to draw this conclusion

24 Dec 00:30	26 Nov 00:30
26 Aug 22:30	27 Jul 22:30
25 Jun 22:30	28 May 22:30
25 Mar 23:30	28 Feb 00:30

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