We expect a $1,240 movement on EURUSD within 48 hours following the release of ISM Non-Manufacturing PMI at 07 Jan 02:00. We expect EURUSD to trend upwards 48 hours following the event release at 07 Jan 02:00 if the released value is < 66.9. A price movement of 124 pips is expected. Historical events that allowed us to draw this conclusion

07 Jul 00:00

06 May 00:00

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