We expect a $320 movement on NZDUSD within 12 hours following the release of ISM Manufacturing PMI at 02 Feb 02:00. We expect NZDUSD to trend upwards 12 hours following the event release at 02 Feb 02:00 if the released value is < 60. A price movement of 32 pips is expected. Historical events that allowed us to draw this conclusion

02 Dec 02:00	02 Oct 00:00
02 Jun 00:00

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