USDCHF could trend upwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 80% chance of this. This could happen only if the released value is > -27.5. The price movement may be as big as 25 pips.

Historical events that allowed us to draw this conclusion

10 May 19:00	12 Apr 19:00
18 Jan 21:00	07 Dec 21:00

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