USDCHF may trend upwards from 21 May 12:30

We expect USDCHF to trend upwards later today. Based on these past United States Philadelphia Fed Manufacturing Index news events there is a 85.71% chance of this. We expect this to happen if the released value is > -41.5. A price movement of 22 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jan 13:30
21 Nov 13:30
19 Sep 12:30
15 Aug 12:30
18 Jul 12:30
16 May 12:30