USDCHF may trend upwards right now

Based on past United States Non Farm Payrolls news events there is a 71.43% chance of USDCHF trending upwards. We expect this to happen because the released value is > 300K. A price movement of 41 pips is expected.

Historical events that allowed us to draw this conclusion

05 Aug 22:30
08 Jul 22:30
03 Jun 22:30
06 May 22:30
05 Feb 00:30

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