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We could see EURUSD trend downwards for the next 48 hours.

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”).

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10 year US Treasury Note SEPTEMBER 2022 is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 2 days.

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A possible $125,433 movement on CC within 2 hours following the event release at 01 Jun 14:00.

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