Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $160 movement on NZDUSD within 2 hours following the event release at 06 Jul 14:00. We expect NZDUSD to trend downwards 2 hours following the event release at 06 Jul 14:00 if the released value is > 50

Historical events that allowed us to draw this conclusion

05 May 14:00

03 Apr 14:00

04 Mar 15:00

05 Feb 15:00

07 Jan 15:00

05 Nov 15:00

05 Sep 14:00