United States ISM Manufacturing PMI News Event – a possible $280 movement on NZDUSD

Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $280 movement on NZDUSD within 2 hours following the event release at 04 Jan 02:00. We expect NZDUSD to trend upwards 2 hours following the event release at 04 Jan 02:00 if the released value is < 49.0 Historical events that allowed us to draw this conclusion

03 Dec 02:00
02 Nov 01:00
02 Oct 00:00
04 Sep 00:00
02 Aug 00:00
04 Jun 00:00
04 Jan 02:00