Want to know why USDCHF is going upwards today?

Based on the last 12 KOF Leading Indicators events in Switzerland, we expect a $178.002 movement on USDCHF within 2 hours following the event release at 28 May 17:00. We expect USDCHF to trend upwards 2 hours following the event release at 28 May 17:00 if the released value is > 136

Historical events that allowed us to draw this conclusion

30 Apr 17:00
30 Mar 18:00
30 Dec 19:00
30 Nov 19:00
30 Sep 17:00
30 Jul 17:00

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