USDCHF may trend downwards from 21 Apr 12:30

USDCHF could trend downwards later today. Based on these past United States Philadelphia Fed Manufacturing Index news events there is a 80% chance of this. This could happen only if the released value is > 21. The price movement may be as big as 20 pips.

Historical events that allowed us to draw this conclusion

17 Mar 12:30
20 Jan 13:30
18 Nov 13:30
15 Apr 12:30