We expect USDCHF to trend upwards later today. Based on these past Germany Unemployment Rate news events there is a 75% chance of this. We expect this to happen if the released value is = 6%. A price movement of 110 pips is expected.

Historical events that allowed us to draw this conclusion

02 Mar 19:55

01 Sep 17:55

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