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Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 50 pip movement on AUDUSD within 12 hours following the event release at 2023-02-03 15:00. We expect AUDUSD to trend downwards 12 hours following the event release at 2023-02-03 15:00 if the released value is > 50.4
Historical events that allowed us to draw this conclusion
05 Dec 15:00 |
06 Sep 14:00 |
06 Jul 14:00 |
03 Feb 15:00 |
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