We expect USDCHF to trend upwards later today. Based on these past Germany Balance of Trade news events there is a 66.67% chance of this. We expect this to happen if the released value is < €17.6B. A price movement of 9 pips is expected. Historical events that allowed us to draw this conclusion

08 Oct 06:00

08 Sep 06:00

09 Jul 06:00

09 Jan 07:00