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 90% chance of this. This may happen if the released value is > 65.9

Historical events that allowed us to draw this conclusion

24 Mar 19:30	19 Feb 19:30
16 Dec 19:30	23 Nov 19:30
23 Sep 17:30	21 Aug 17:30
23 Jun 17:30

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