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Based on past Euro Area Industrial Production YoY news events there is a 87.5% chance of NZDUSD trending downwards. We expect this to happen if the released value is > 1.5%. A price movement of 54 pips is expected.
Historical events that allowed us to draw this conclusion
|15 Mar 10:00
|13 Jan 10:00
|12 Oct 09:00
|12 Aug 09:00
|13 Jul 09:00
|13 May 09:00
|20 Apr 09:00
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