42 pip movement on EURUSD expected

Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 42 pip movement on EURUSD within 12 hours following the event release at 06 Feb 02:00 GMT+11. We expect EURUSD to trend upwards 12 hours following the event release at 06 Feb 02:00 GMT+11 if the released value is < 55 Historical events that allowed us to draw this conclusion

04 Oct 00:00
06 Aug 00:00
04 Jul 00:00
04 May 00:00
04 Apr 01:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).