Based on past Germany ZEW Economic Sentiment Index news events there is a 75% chance of AUDUSD trending upwards. We expect this to happen because the released value is < -28.5. A price movement of 3 pips is expected. Historical events that allowed us to draw this conclusion
18 Jun 09:00 |
14 May 09:00 |
16 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
