Based on the last 12 Industrial Production YoY events in Euro Area, we could see AUDUSD trend upwards right now. Based on historical events there is a 71.43% chance of this. This may happen because the released value is > -1%
Historical events that allowed us to draw this conclusion
20 Apr 09:00 |
16 Feb 10:00 |
12 Nov 10:00 |
13 Oct 09:00 |
15 Sep 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
