We expect USDCHF to trend upwards later today. Based on these past United States Adp Employment Change news events there is a 71.43% chance of this. We expect this to happen if the released value is > -9000K. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

01 Apr 23:15	06 Feb 00:15
09 Jan 00:15	05 Sep 22:15
31 Jul 22:15

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