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We expect 6E to trend downwards today with a 80% chance.

We expect 6E to trend downwards later today. Based on these past United States ISM Manufacturing PMI news events there is a 80% chance of this. We expect this to happen if the released value is < 61. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

02 Aug 14:00
01 Jul 14:00
03 May 14:00
01 Feb 15:00

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

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