Based on the last 12 Industrial Production YoY events in Euro Area, we expect USDCHF to trend upwards later today. Based on these past events there is a 83.33% chance of this. This may happen if the released value is > -29.5%

Historical events that allowed us to draw this conclusion

16 Apr 19:00	12 Mar 21:00
12 Dec 21:00	13 Nov 21:00
13 Jun 19:00

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