USDCHF may trend downwards from 02 Mar 13:30

We expect USDCHF to trend downwards later today. Based on these past Canada GDP Growth Rate QoQ news events there is a 75% chance of this. We expect this to happen if the released value is < 1.5%. A price movement of 22 pips is expected. Historical events that allowed us to draw this conclusion

01 Dec 13:30
31 May 12:30
01 Mar 13:30