Ifo Business Climate

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We expect USDCHF to trend downwards later today. Based on these past Germany Ifo Business Climate news events there is a 66.67% chance of this. We expect this to happen if the released value is < 90.7. A price movement of 45 pips is expected. Historical events that allowed us to draw this conclusion

24 Apr 08:00
22 Feb 09:00
25 Jul 08:00
24 Jun 08:00

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