Based on the last 12 Adp Employment Change events in United States, we expect USDCHF to trend upwards later today. Based on these past events there is a 75% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 2023-01-06 00:15 if the released value is > 150K. A price movement of 37 pips is expected.

Historical events that allowed us to draw this conclusion

02 Nov 23:15	05 Oct 23:15
31 Aug 22:15	03 Mar 00:15
02 Dec 00:15	03 Nov 23:15

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