Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect USDCHF to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 52.5

Historical events that allowed us to draw this conclusion

24 Mar 19:30	24 Jan 19:30
22 Nov 19:30	22 Aug 17:30

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