Based on past Euro Area Industrial Production YoY news events there is a 75% chance of EURUSD trending downwards. We expect this to happen because the released value is > 0.8%. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

13 Jul 19:00	20 Apr 19:00
16 Feb 21:00	12 Nov 21:00
13 Oct 20:00	15 Sep 19:00

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