Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 0 pip movement on 6S within 12 hours following the event release at 05 Aug 14:00 UTC. We expect 6S to trend downwards 12 hours following the event release at 05 Aug 14:00 UTC if the released value is < 55 Historical events that allowed us to draw this conclusion
04 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
