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YM may be ready to trend upwards today with a 66.67% chance.

Based on the last 12 Industrial Production YoY events in Euro Area, YM may trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < 1.5% Historical events that allowed us to draw this conclusion

15 Mar 10:00
12 Jan 10:00
12 Aug 09:00
14 Jul 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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NAS100 – breach of a trending resistance line that has been tested at least twice before.

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We could expect NZDUSD to trend downwards right now.

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