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We expect a $129.936 movement on TN within the next 2 hours.

We expect a $129.936 movement on TN within the next 2 hours. We expect TN to trend upwards 2 hours following the ISM Manufacturing PMI events in United States release because the released value is < 49.2. A price movement of 92 pips is expected. Historical events that allowed us to draw this conclusion

01 Oct 14:00
03 Sep 14:00
01 Aug 14:00
01 May 14:00
01 Mar 15:00
03 Jan 15:00

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

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