Based on the last 12 Industrial Production YoY events in Euro Area, we may see a 0 pip movement on 6S within 2 hours following the event release at 20 Apr 09:00 UTC. 6S may trend upwards 2 hours following the event release at 20 Apr 09:00 UTC if the released value is > 1.5%

Historical events that allowed us to draw this conclusion

14 Dec 10:00

13 Oct 09:00

15 Sep 09:00

14 Jun 09:00