13 pip movement on AUDUSD expected
Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 13 pip movement on AUDUSD within 2 hours following the event release at 14 Dec 10:00 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 14 Dec 10:00 UTC if the released value is < -4.4%Historical events that allowed us…