United States ISM Non-Manufacturing PMI News Event – a $423.84 opportunity on USDJPY

We expect a $423.84 movement on USDJPY within the next 2 hours. We expect USDJPY to trend upwards 2 hours following the ISM Non-Manufacturing PMI events in United States release because the released value is > 65. A price movement of 48 pips is expected.

Historical events that allowed us to draw this conclusion

03 Nov 14:00
05 Oct 14:00
04 Aug 14:00
03 Jun 14:00
03 Feb 15:00
07 Jan 15:00