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We expect TN to trend downwards today with a 71.43% chance.

We expect TN to trend downwards later today. Based on these past United States ISM Manufacturing PMI news events there is a 71.43% chance of this. We expect this to happen if the released value is > 60.5. A price movement of 199 pips is expected.

Historical events that allowed us to draw this conclusion

01 Oct 14:00
01 Sep 14:00
01 Apr 14:00
01 Mar 15:00
05 Jan 15:00

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

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