USDCHF may trend downwards from 04 Aug 01:30
We expect USDCHF to trend downwards later today. Based on these past Australia Balance of Trade news events there is a 85.71% chance of this. We expect this to happen if the released value is > A$8.8B. A price movement of 19 pips is expected.Historical events that allowed us to draw this conclusion04 Jun 01:3007 May 01:3007 Apr 01:3005 Mar…