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Based on the last 12 ISM Manufacturing PMI events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 87.5% chance of this. This may happen if the released value is > 60
Historical events that allowed us to draw this conclusion
02 Nov 01:00 |
02 Oct 00:00 |
02 Sep 00:00 |
02 Jun 00:00 |
02 Apr 01:00 |
02 Mar 02:00 |
06 Jan 02:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).