Based on the last 12 Industrial Production YoY events in Euro Area, we expect EURUSD to trend upwards. Based on these past events there is a 80% chance of this. We expect EURUSD to trend upwards for 2 hours because the released value is < -5.8%. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 09:00

14 Jul 09:00

13 May 09:00

15 Jan 10:00