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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 75% chance of this. We expect AUDUSD to trend upwards 12 hours following the event release at 2022-10-12 09:00 if the released value is > 1.2%. A price movement of 49 pips is expected.
Historical events that allowed us to draw this conclusion
|12 Aug 09:00
|13 May 09:00
|20 Apr 09:00
|16 Feb 10:00
|12 Nov 10:00
|13 Oct 09:00
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