What to trade around Euro Area Industrial Production YoY news event
Based on the last 12 Industrial Production YoY events in Euro Area, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 13 Oct 09:00 if the released value is < 4.7%. A price movement of 11…