Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $640 movement on AUDUSD within 48 hours following the event release at 04 Aug 00:00. We expect AUDUSD to trend upwards 48 hours following the event release at 04 Aug 00:00 if the released value is > 53.6

Historical events that allowed us to draw this conclusion

02 Jul 00:00	02 May 00:00
04 Feb 02:00

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