Euro Area Industrial Production YoY News Event – a $20 opportunity on AUDUSD

We expect a $20 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Industrial Production YoY events in Euro Area release because the released value is > 0.7%. A price movement of 2 pips is expected.

Historical events that allowed us to draw this conclusion

12 Oct 10:00
12 Jul 10:00
14 Feb 10:00
11 Jan 10:00

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