Euro Area Industrial Production YoY News Event – a possible $80 movement on EURUSD

Based on the last 12 Industrial Production YoY events in Euro Area, a $80 movement on EURUSD may occur within 2 hours following the event release at 20 Apr 09:00. EURUSD could trend upwards 2 hours following the event release at 20 Apr 09:00 if the released value is > 1.5%

Historical events that allowed us to draw this conclusion

16 Feb 10:00
12 Nov 10:00
13 Oct 09:00
15 Sep 09:00