Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is > 54.5
Historical events that allowed us to draw this conclusion
03 Feb 15:00 |
05 Dec 15:00 |
06 Sep 14:00 |
06 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
