Based on the last 12 ISM Manufacturing PMI events in United States, we expect EURUSD to trend upwards right now. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards for the next 2 hours because the released value is < 60. A price movement of 45 pips is expected. Historical events that allowed us to draw this conclusion
01 Dec 15:00 |
01 Oct 14:00 |
02 Mar 15:00 |