We expect USDCHF to trend upwards later today. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 66.67% chance of this. We expect this to happen if the released value is < 95. A price movement of 24 pips is expected. Historical events that allowed us to draw this conclusion

09 Nov 02:00	20 Jul 00:00
15 Jun 00:00	13 Apr 00:00

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