Want to know why USDCHF is going downwards today?

Based on the last 12 Ivey PMI s.a events in Canada, we expect a $201.884 movement on USDCHF within 4 hours following the event release at 08 Dec 02:00. We expect USDCHF to trend downwards 4 hours following the event release at 08 Dec 02:00 if the released value is > 54.7

Historical events that allowed us to draw this conclusion

07 Nov 02:00
08 Aug 00:00
08 Jul 00:00
06 Jun 00:00
06 Dec 02:00

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