Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $300 movement on NZDUSD within 2 hours following the event release at 01 Sep 14:00. We expect NZDUSD to trend upwards 2 hours following the event release at 01 Sep 14:00 if the released value is > 58.6
Historical events that allowed us to draw this conclusion
01 Jun 14:00 |
01 Apr 14:00 |
01 Mar 15:00 |
05 Jan 15:00 |
01 Sep 14:00 |