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We expect SI to trend downwards with a 66.67% chance.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect SI to trend downwards. Based on these past events there is a 66.67% chance of this. We expect SI to trend downwards for 2 hours because the released value is > 25.1. A price movement of 16 pips is expected.

Historical events that allowed us to draw this conclusion

09 Nov 10:00
16 Feb 10:00
19 Jan 10:00
08 Dec 10:00

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

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A final push possible on AUS200 as it starts approaching a price line of 7422.0000.

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Important price line being approached by US30. This price has been tested numerous times before.

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