Based on the last 12 ISM Non-Manufacturing PMI events in United States, we could see NZDUSD trend downwards right now. Based on historical events there is a 80% chance of this. This may happen because the released value is < 56.4 Historical events that allowed us to draw this conclusion
05 Apr 14:00 |
03 Mar 15:00 |
06 Jan 15:00 |
06 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
