Based on the last 12 Industrial Production YoY events in Euro Area, we expect EURUSD 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 > -0.5%

Historical events that allowed us to draw this conclusion

12 Nov 21:00	13 Oct 20:00
14 Jun 19:00	12 Mar 21:00

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