Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 16 pip movement on AUDUSD within 2 hours following the event release at 03 Feb 15:00 UTC. We expect AUDUSD to trend downwards 2 hours following the event release at 03 Feb 15:00 UTC if the released value is > 56.8
Historical events that allowed us to draw this conclusion
05 Oct 14:00 |
05 Aug 14:00 |
06 Jul 14:00 |
05 May 14:00 |
03 Apr 14:00 |
04 Mar 15:00 |
05 Feb 15:00 |