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We expect AUDUSD to trend downwards right now.

Based on past United States ISM Manufacturing PMI news events there is a 75% chance of AUDUSD trending downwards. We expect this to happen because the released value is > 47. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

02 Oct 14:00
01 Sep 14:00
01 May 14:00

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

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We expect OJ to trend downwards right now.

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Esperamos que el GF comience su tendencia downwards ahora mismo.

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