United States ISM Manufacturing PMI News Event – a possible $170 movement on AUDUSD

Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $170 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards for 2 hours because the released value is > 53.6

Historical events that allowed us to draw this conclusion

01 Jul 14:00
01 May 14:00
03 Feb 15:00