USDCHF may trend downwards from 28 Oct 14:00

We expect USDCHF to trend downwards later today. Based on these past Canada BoC Interest Rate Decision news events there is a 72.73% chance of this. We expect this to happen if the released value is = 0.25%. A price movement of 41 pips is expected.

Historical events that allowed us to draw this conclusion

09 Sep 14:00
03 Jun 14:00
15 Apr 14:00
22 Jan 15:00
30 Oct 14:00
04 Sep 14:00
10 Jul 14:00
29 May 14:00