Based on past Euro Area Industrial Production YoY news events there is a 83.33% chance of USDCAD trending downwards. We expect this to happen because the released value is < 22.2%. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion

12 May 09:00

15 Feb 10:00

12 Nov 10:00

12 Aug 09:00

14 Jul 09:00