TradersNews 75% probability that EURUSD will trend down on Friday 29 May at 07:00 AM GMT if the CH KOF Leading Indicators number is less than 70.

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This Friday 29 May at 07:00 AM GMT the latest CH KOF Leading Indicators number will be released.
If the number is less than than economists’ consensus there is a 75% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 CH KOF Leading Indicators events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an down trend of EURUSD.

Here are images of the past events:

Friday 29 Nov at 08:00 AM GMT:

Monday 30 Sep at 07:00 AM GMT:

Wednesday 29 May at 07:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance