Based on past US ISM Non-Manufacturing PMI news events there is a 80.0% of AUDUSD trending up
We expect this to happen because the released value is < 58. A price movement of pips is expected.
Historical events that allowed us to draw this conclusion
07 Jan 15:00 |
03 Aug 14:00 |
03 May 14:00 |
04 Apr 14:00 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)