Based on the last 12 ISM Manufacturing PMI events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 75% chance of this. We expect USDCHF to trend downwards 2 hours following the event release at 01 Feb 15:00 if the released value is > 60. A price movement of 20 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jan 15:00 |
01 Sep 14:00 |
03 Aug 14:00 |
01 Jul 14:00 |
01 May 14:00 |
03 Feb 15:00 |