Based on the last 12 ISM Manufacturing PMI events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend downwards 4 hours following the event release at 02 Sep 00:00 if the released value is > 58.6. A price movement of 44 pips is expected.

Historical events that allowed us to draw this conclusion

02 Jun 00:00	03 Nov 02:00
02 Sep 00:00

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