Based on past United States Durable Goods Orders MoM news events there is a 88.89% chance of USDCHF trending downwards. We expect this to happen if the released value is > 0.6%. A price movement of 32 pips is expected.

Historical events that allowed us to draw this conclusion

26 Nov 00:30	27 Oct 23:30
26 Aug 22:30	27 Jul 22:30
25 Jun 22:30	28 May 22:30
25 Mar 23:30	28 Feb 00:30

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