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We expect a $204 movement on KC within the next 2 hours.

We expect a $204 movement on KC within the next 2 hours. We expect KC to trend upwards 2 hours following the ISM Non-Manufacturing PMI events in United States release because the released value is < 55. A price movement of 204 pips is expected. Historical events that allowed us to draw this conclusion

05 Aug 14:00
03 Jul 14:00
03 Apr 14:00
07 Jan 15:00

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

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