Based on the last 12 ISM Manufacturing PMI events in United States, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is > 50.5
Historical events that allowed us to draw this conclusion
03 Feb 15:00 |
03 Jan 15:00 |
02 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
