United States ISM Non-Manufacturing PMI News Event – a possible $260 movement on AUDUSD

Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $260 movement on AUDUSD within 2 hours following the event release at 03 Mar 15:00. We expect AUDUSD to trend upwards 2 hours following the event release at 03 Mar 15:00 if the released value is < 61 Historical events that allowed us to draw this conclusion

06 Jan 15:00
05 May 14:00
03 Mar 15:00