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We expect a $350 movement on AUDUSD within the next 12 hours.

Based on past Germany ZEW Economic Sentiment Index news events there is a 75% chance of AUDUSD trending downwards. We expect this to happen because the released value is > 17.5. A price movement of 35 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jan 10:00
12 Dec 10:00
12 Sep 09:00
15 Aug 09:00
13 Jun 09:00
21 Feb 10:00

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

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