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Based on past United States ISM Manufacturing PMI news events there is a 71.43% chance of USDJPY trending downwards. We expect this to happen if the released value is > 50. A price movement of 28 pips is expected.
Historical events that allowed us to draw this conclusion
01 Aug 14:00 |
01 Mar 15:00 |
01 Feb 15:00 |
01 Dec 15:00 |
01 Nov 14:00 |
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