Based on the last 12 Balance of Trade events in Germany, USDCHF could trend downwards later today. Based on these past events there is a 77.78% chance of this. This may happen if the released value is < €7.3B Historical events that allowed us to draw this conclusion

04 Mar 18:00	09 Feb 18:00
07 Jan 18:00	09 Nov 18:00
08 Oct 17:00	09 Sep 16:00
08 Jul 16:00

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