Based on the last 12 Industrial Production YoY events in Euro Area, a $80 movement on EURUSD may occur within 2 hours following the event release at 20 Apr 09:00. EURUSD could trend upwards 2 hours following the event release at 20 Apr 09:00 if the released value is > 1.5%
Historical events that allowed us to draw this conclusion
16 Feb 10:00 |
12 Nov 10:00 |
13 Oct 09:00 |
15 Sep 09:00 |