Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 46 pip movement on NZDUSD within 2 hours following the event release at 2023-05-03 14:00. We expect NZDUSD to trend downwards 2 hours following the event release at 2023-05-03 14:00 if the released value is > 51.8
Historical events that allowed us to draw this conclusion
03 Mar 15:00 |
03 Feb 15:00 |
05 Dec 15:00 |
06 Sep 14:00 |
06 Jul 14:00 |
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