United States ISM Manufacturing PMI News Event – a $560 opportunity on NZDUSD

Past performance is not an indicator of future results.
We expect a $560 movement on NZDUSD within the next 48 hours. We expect NZDUSD to trend upwards 48 hours following the ISM Manufacturing PMI events in United States release because the released value is < 55.5. A price movement of 56 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jan 15:00

01 Nov 14:00

01 May 15:00

02 Apr 15:00

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

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