Based on the last 12 ISM Manufacturing PMI events in United States, AUDUSD could trend upwards later today. Based on these past events there is a 71.43% chance of this. If the released value is > 54.9 we could see AUDUSD trend upwards 12 hours following the event release at 02 Jul 00:00.
Historical events that allowed us to draw this conclusion
02 Mar 02:00 |
02 Feb 02:00 |
02 Nov 01:00 |
02 Oct 00:00 |
02 Sep 00:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).