Want to know why AUDUSD is going upwards for the next 48 hours?

Past performance is not an indicator of future results.
Based on the last 12 Industrial Production YoY events in Euro Area, we expect a $390 movement on AUDUSD within the next 48 hours. We expect AUDUSD to trend upwards for the next 48 hours 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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