United States ISM Manufacturing PMI News Event – a $110 opportunity on AUDUSD

We expect a $110 movement on AUDUSD within 2 hours following the release of ISM Manufacturing PMI at 02 Aug 14:00. We expect AUDUSD to trend upwards 2 hours following the event release at 02 Aug 14:00 if the released value is < 60.9. A price movement of 11 pips is expected. Historical events that allowed us to draw this conclusion

03 May 14:00
01 Feb 15:00
01 Dec 15:00
01 Oct 14:00