Based on past United States ISM Manufacturing PMI news events there is a 71.43% chance of AUDUSD trending downwards. We expect this to happen because the released value is > 56.6. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

03 Nov 02:00	02 Sep 00:00
02 Jul 00:00	02 May 00:00
04 Feb 02:00

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