We expect AUDUSD to trend upwards later today. Based on these past United States ISM Manufacturing PMI news events there is a 75% chance of this. We expect this to happen if the released value is < 58. A price movement of 44 pips is expected. Historical events that allowed us to draw this conclusion

03 Aug 00:00	02 Jul 00:00
04 May 00:00

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