We expect NZDUSD to trend upwards later today. Based on these past Euro Area Industrial Production YoY news events there is a 66.67% chance of this. We expect this to happen if the released value is > -0.5%. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

12 Nov 10:00

13 Oct 09:00

15 Sep 09:00

14 Jun 09:00