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71.4% probability that NZDUSD will trend down

71.4% probability that NZDUSD will trend down

Based on the last 12 ISM Non-Manufacturing PMI events in US, we expect NZDUSD to trend down later today. Based on these past events there is a 71.4% of this.
This will happen if the released value is > 59.3

Historical events that allowed us to draw this conclusion

03 Oct 14:00
 
06 Sep 14:00
 
05 Jul 14:00
 
05 Feb 15:00
 
03 Nov 14:00
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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