Based on the last 12 Industrial Production YoY events in Euro Area, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 15 Feb 10:00 if the released value is < -0.3%. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion
12 Aug 09:00 |
14 Jul 09:00 |
13 May 09:00 |
12 Feb 10:00 |