75% probability that EURUSD will trend upwards right now

Past performance is not an indicator of future results.
Based on the last 12 Industrial Production YoY events in Euro Area, we expect EURUSD to trend upwards for the next 48 hours. Based on these past events there is a 75% chance of this. This will happen because the released value is > -2.1%

Historical events that allowed us to draw this conclusion

14 Nov 10:00
12 Oct 10:00
12 Jul 10:00

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

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