Based on the last 12 ZEW Economic Sentiment Index events in Germany, we may expect AUDUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. We made this conclusion because the released value is > 35.9. A price movement of 63 pips may be experienced.
Historical events that allowed us to draw this conclusion
13 Feb 10:00 |
16 Jan 10:00 |
12 Dec 10:00 |
12 Sep 09:00 |
15 Aug 09:00 |
13 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
