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There is a 66.67% chance of CT trending downwards

Based on past United States ISM Non-Manufacturing PMI news events there is a 66.67% chance of CT trending downwards. We expect this to happen if the released value is < 56. A price movement of 97 pips is expected. Historical events that allowed us to draw this conclusion

04 Nov 15:00
03 Sep 14:00

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

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