USDCHF may trend upwards from 01 Feb 19:55

We expect USDCHF to trend upwards later today. Based on these past Germany Unemployment Change news events there is a 66.67% chance of this. We expect this to happen if the released value is < -6K. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion

04 Jan 19:55
29 Jul 17:55
30 Jun 17:55
01 Jun 17:55
31 Mar 18:55
05 Jan 19:55

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