Based on the last 12 ISM Manufacturing PMI events in United States, EURUSD may trend downwards for the next 48 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 54.5
Historical events that allowed us to draw this conclusion
01 Mar 15:00 |
01 Dec 15:00 |
01 Nov 14:00 |
01 Oct 14:00 |
01 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
