Based on the last 12 Retail Sales MoM events in United States, we expect USDCHF to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 16 Jul 12:30 if the released value is > 5%. A price movement of 38 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jun 12:30

13 Sep 12:30

15 Aug 12:30

16 Jul 12:30