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There is a 66.67% chance of OJ trending upwards

Based on past United States ISM Manufacturing PMI news events there is a 66.67% chance of OJ trending upwards. We expect this to happen because the released value is > 59.6. A price movement of 397 pips is expected.

Historical events that allowed us to draw this conclusion

01 Sep 14:00
01 Jun 14:00
05 Jan 15:00
02 Nov 15:00

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

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