Want to know why USDCHF is going downwards for the next 48 hours?

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $741.24 movement on USDCHF within the next 48 hours. We expect USDCHF to trend downwards for the next 48 hours because the released value is > 32

Historical events that allowed us to draw this conclusion

10 Dec 21:00
12 Nov 21:00
15 Oct 20:00
17 Sep 19:00

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