13 pip movement on USDCHF expected

Based on the last 12 Consumer Confidence events in Japan, we expect USDCHF to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDCHF to trend upwards 2 hours following the event release at 2023-05-31 05:00 if the released value is < 36.1. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion

02 Mar 05:00

31 Oct 05:00

30 Sep 05:00

29 Jun 05:00