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We expect 6A to trend downwards today.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect 6A to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect 6A to trend downwards 48 hours following the event release at 02 Mar 15:00 if the released value is < 50.5. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

03 Jan 15:00
01 Nov 14:00
01 Aug 14:00
01 May 14:00
01 Mar 15:00

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

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