Based on the last 12 ISM Manufacturing PMI events in United States, we expect USDCHF to trend downwards. Based on these past events there is a 85.71% chance of this. We expect USDCHF to trend downwards for 2 hours because the released value is > 60.5. A price movement of 33 pips is expected.
Historical events that allowed us to draw this conclusion
01 Oct 14:00 |
01 Sep 14:00 |
01 Jun 14:00 |
01 Apr 14:00 |
01 Mar 15:00 |
05 Jan 15:00 |