Based on the last 12 Balance of Trade events in Germany, we expect USDCHF to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards for the next 2 hours because the released value is < €16.2B. A price movement of 16 pips is expected. Historical events that allowed us to draw this conclusion

08 Jan 07:00

08 Oct 06:00

08 Sep 06:00

09 Jul 06:00