United States ISM Manufacturing PMI News Event – a $40 opportunity on EURUSD

We expect a $40 movement on EURUSD within 2 hours following the release of ISM Manufacturing PMI at 01 Oct 14:00. We expect EURUSD to trend downwards 2 hours following the event release at 01 Oct 14:00 if the released value is < 56.3. A price movement of 4 pips is expected. Historical events that allowed us to draw this conclusion

01 Jun 14:00