Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 18 pip movement on EURUSD within 2 hours following the event release at 01 Oct 14:00 UTC. We expect EURUSD to trend downwards 2 hours following the event release at 01 Oct 14:00 UTC if the released value is < 59.6 Historical events that allowed us to draw this conclusion
02 Aug 14:00 |
01 Jul 14:00 |
03 May 14:00 |
01 Feb 15:00 |