We expect 6M to trend upwards later today. Based on these past United States ISM Non-Manufacturing PMI news events there is a 66.67% chance of this. We expect this to happen if the released value is < 56. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
04 Nov 15:00 |
04 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
