The Swiss Industrial Index measures change in production in the manufacturing, utilities and mining sectors. A reading that is higher than the market forecast is bullish for the Swiss franc. Here are all the details, and 5 possible outcomes for USD/CHF. Published on Tuesday at 8:15 GMT. Indicator Background Swiss Industrial Production, released quarterly, is an important leading economic indicator. It provides analysts and traders with a snapshot of the health of the Swiss economy. The indicator tends to be volatile, and often the market forecasts are well off the mark. The indicator disappointed the markets in February, recording a 1.7% drop. The markets had predicted a smaller decrease of 0.7%. The forecast for March calls for a 0.4% increase. Will the indicator climb into positive territory this month? Sentiments and levels The US economy continues to do well, while the economic data coming out of Switzerland has been mostly weak. Since early March, USD/CHF has been moving upwards, and this could well continue after the speech by the head of the Fed. So, the overall sentiment is bullish on USD/CHF towards this release. Technical levels, from top to bottom: 0.9306, 0.9250, 0.9204, 0.9120, 0.9050, 0.8924. 5 Scenarios Within expectations: 0.1% to 0.7%: In such a case, the franc is likely to rise within range, with a small chance of breaking higher. Above expectations: 0.8% to 1.1%: An unexpected higher reading can send USD/CHF below one support line. Well above expectations: Above 1.1%: The chances of such a scenario are very low. The pair could break two or more support levels on such an outcome. Below expectations: -0.3% to 0.0%: A reading at the zero level or in negative territory could push USD/CHF above one resistance line. Well below expectations: Below -0.3%: In this scenario, the pair could break two or more resistance lines. For more on the Swiss franc, see the USD to CHF forecast. Kenny Fisher Kenny Fisher Kenny Fisher - Senior Writer A native of Toronto, Canada, Kenneth worked for seven years in the marketing and trading departments at Bendix, a foreign exchange company in Toronto. Kenneth is also a lawyer, and has extensive experience as an editor and writer. Kenny's Google Profile View All Post By Kenny Fisher Opinions share Read Next Friday not the dollar’s day FxPro - Forex Broker 10 years The Swiss Industrial Index measures change in production in the manufacturing, utilities and mining sectors. A reading that is higher than the market forecast is bullish for the Swiss franc. Here are all the details, and 5 possible outcomes for USD/CHF. Published on Tuesday at 8:15 GMT. Indicator Background Swiss Industrial Production, released quarterly, is an important leading economic indicator. It provides analysts and traders with a snapshot of the health of the Swiss economy. The indicator tends to be volatile, and often the market forecasts are well off the mark. The indicator disappointed the markets in February, recording a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.