Are you on the right side of Euro Area Industrial Production YoY news event?

La performance passata non è un indicatore delle performance future.
Based on the last 12 Industrial Production YoY events in Euro Area, we expect NZDUSD to trend upwards. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards for 48 hours because the released value is > -2.1%. A price movement of 31 pips is expected.

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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