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We expect AUDUSD to trend upwards today with a 71.43% chance.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 6.2

Historical events that allowed us to draw this conclusion

15 Oct 09:00
14 May 09:00
16 Apr 09:00
19 Mar 10:00
16 Jan 10:00

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

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