Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 35 pip movement on EURUSD within 48 hours following the event release at 14 Aug 09:00 UTC. We expect EURUSD to trend downwards 48 hours following the event release at 14 Aug 09:00 UTC if the released value is < -1.2% Historical events that allowed us to draw this conclusion
13 Feb 10:00 |
14 Jan 10:00 |
14 Aug 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
