Want to know why USDCHF is going upwards today?

Based on the last 12 Balance of Trade events in Australia, we expect a $195.252 movement on USDCHF within 2 hours following the event release at 06 Feb 11:30. We expect USDCHF to trend upwards 2 hours following the event release at 06 Feb 11:30 if the released value is < A$5.95B Historical events that allowed us to draw this conclusion

03 Oct 11:30
05 Sep 11:30
06 Jun 11:30

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