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Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect AUDUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend downwards 48 hours following the event release at 2023-06-13 09:00 if the released value is > -13.1. A price movement of 64 pips is expected.
Historical events that allowed us to draw this conclusion
|21 Feb 10:00
|17 Jan 10:00
|15 Nov 10:00
|18 Oct 09:00
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