Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $150 movement on NZDUSD within 2 hours following the event release at 01 Mar 15:00. We expect NZDUSD to trend upwards 2 hours following the event release at 01 Mar 15:00 if the released value is > 58
Historical events that allowed us to draw this conclusion
01 Feb 15:00 |
01 Oct 14:00 |
01 Sep 14:00 |
01 Jun 14:00 |
01 Apr 14:00 |
01 Mar 15:00 |