Based on the last 12 Markit Manufacturing PMI Flash events in Germany, we expect a $120.919 movement on USDCHF within 2 hours following the event release at 23 Nov 08:30. We expect USDCHF to trend upwards 2 hours following the event release at 23 Nov 08:30 if the released value is > 56.5

Historical events that allowed us to draw this conclusion

21 Aug 07:30

24 Jul 07:30

23 Jun 07:30

21 Feb 08:30

24 Jan 08:30

22 Nov 08:30