USDCHF may trend upwards from 05 Apr 14:00

We expect USDCHF to trend upwards later today. Based on these past United States ISM Non-Manufacturing PMI news events there is a 75% chance of this. We expect this to happen if the released value is > 58.4. A price movement of 40 pips is expected.

Historical events that allowed us to draw this conclusion

03 Feb 15:00
03 Dec 15:00
05 Oct 14:00
03 Sep 14:00
04 Aug 14:00
03 Jun 14:00