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Based on past United States ISM Manufacturing PMI news events there is a 80% chance of USDJPY trending downwards. A price movement of 37 could occur if the released value is < 57.6. Historical events that allowed us to draw this conclusion
02 Apr 01:00![]() |
05 Jan 02:00![]() |
03 Aug 00:00![]() |
04 May 00:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).