Based on the last 12 Industrial Production YoY events in Euro Area, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. This may happen if the released value is < -0.7% Historical events that allowed us to draw this conclusion

15 Jun 19:00

15 Mar 21:00

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