Based on the last 12 ISM Manufacturing PMI events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 01 May 14:00 if the released value is > 36.9. A price movement of 24 pips is expected.
Historical events that allowed us to draw this conclusion
03 Feb 15:00 |
01 Jul 14:00 |