Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect EURUSD to trend downwards. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend downwards for 48 hours because the released value is > 62. A price movement of 117 pips is expected.

Historical events that allowed us to draw this conclusion

06 Oct 01:00	04 Sep 00:00
05 Aug 00:00	04 Feb 02:00
08 Jan 02:00

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