Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $380 movement on NZDUSD within 2 hours following the event release at 02 Jun 00:00. We expect NZDUSD to trend upwards 2 hours following the event release at 02 Jun 00:00 if the released value is < 60.9 Historical events that allowed us to draw this conclusion

04 May 00:00	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”).