Based on the last 12 Unemployment Rate events in France, we expect USDCHF to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend downwards for the next 2 hours because the released value is > 7.8%. A price movement of 23 pips is expected.

Historical events that allowed us to draw this conclusion

10 Nov 17:30

14 Nov 17:30

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