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Based on past United States ISM Non-Manufacturing PMI news events there is a 66.67% chance of USDJPY trending upwards. We expect this to happen if the released value is < 56. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion
05 Nov 02:00![]() |
05 Dec 02:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).