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We could see AUDUSD trend upwards right now.

Based on the last 12 ISM Manufacturing PMI events in United States, we could see AUDUSD trend upwards right now. Based on historical events there is a 80% chance of this. This may happen because the released value is < 54.9 Historical events that allowed us to draw this conclusion

02 May 14:00
01 Apr 14:00
02 Aug 14:00
01 Jul 14:00

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

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