If the released value is > 54.9 for the ISM Manufacturing PMI event, we could see a $460 movement on AUDUSD within 2 hours following the release at 01 Jul 14:00. This movement may form an downwards trend for 2 hours following the event release at 01 Jul 14:00.
Historical events that allowed us to draw this conclusion
01 Jun 14:00 |
01 Mar 15:00 |
01 Dec 15:00 |
01 Nov 14:00 |
01 Oct 14:00 |