Based on the last 12 ISM Manufacturing PMI events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect NZDUSD to trend upwards 2 hours following the event release at 05 Jan 15:00 if the released value is < 56.6. A price movement of 38 pips is expected. Historical events that allowed us to draw this conclusion

01 Dec 15:00

01 Oct 14:00

01 Jun 14:00

03 Jan 15:00