Based on the last 12 ISM Manufacturing PMI events in United States, we expect NZDUSD to trend upwards right now. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards for the next 12 hours because the released value is < 61. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

02 Feb 02:00	02 Dec 02:00
02 Oct 00:00

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