Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 13 pip movement on AUDUSD for the next 2 hours. We expect AUDUSD to trend upwards for 2 hours because the released value is < -0.9% Historical events that allowed us to draw this conclusion

15 Feb 10:00

12 Aug 09:00

14 Jul 09:00

13 May 09:00