Euro Area Industrial Production YoY News Event – a $270 opportunity on EURUSD

We expect a $270 movement on EURUSD within 2 hours following the release of Industrial Production YoY at 12 Mar 10:00. We expect EURUSD to trend upwards 2 hours following the event release at 12 Mar 10:00 if the released value is < -2.4%. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion

12 Nov 10:00
12 Aug 09:00
14 Jul 09:00
13 May 09:00