Based on past United States ISM Manufacturing PMI news events there is a 83.33% chance of NZDUSD trending upwards. We expect this to happen if the released value is > 59.6. A price movement of 47 pips is expected.

Historical events that allowed us to draw this conclusion

02 Sep 00:00	02 Jun 00:00
02 Apr 01:00	06 Jan 02:00
03 Nov 02:00

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