Euro Area Industrial Production YoY News Event – a possible $350 movement on AUDUSD

Past performance is not an indicator of future results.
Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $350 movement on AUDUSD within the next 48 hours. We expect AUDUSD to trend upwards for 48 hours because the released value is < -2.3%

Historical events that allowed us to draw this conclusion

12 Sep 10:00
14 Aug 10:00
15 May 10:00
12 Apr 10:00

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

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