TradersNews 80% probability that EURUSD will trend up on Tuesday 01 Dec at 03:00 PM GMT if the US ISM Manufacturing PMI number is less than 58.

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This Tuesday 01 Dec at 03:00 PM GMT the latest US ISM Manufacturing PMI number will be released.
If the number is less than than economists’ consensus there is a 80% probability that EURUSD will trend up following the news event.

This probability is based on the last 12 US ISM Manufacturing PMI events, in which 4 of the last 5 events where the actual number was less than than the economist consensus resulted in an up trend of EURUSD.

Here are images of the past events:

Thursday 01 Oct at 02:00 PM GMT:

Monday 02 Mar at 03:00 PM GMT:

Friday 03 Jan at 03:00 PM GMT:

Monday 02 Dec at 03:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance