Based on the last 12 ZEW Economic Sentiment Index events in Germany, AUDUSD may trend downwards for the next 12 hours. Based on these past events there is a 71.43% chance of this. This may happen because the released value is > 6.5
Historical events that allowed us to draw this conclusion
15 Oct 09:00 |
16 Apr 09:00 |
13 Feb 10:00 |
16 Jan 10:00 |
12 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).