Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 85 pip movement on AUDUSD within 12 hours following the event release at 18 Jan 21:00 GMT+11. We expect AUDUSD to trend downwards 12 hours following the event release at 18 Jan 21:00 GMT+11 if the released value is < 32 Historical events that allowed us to draw this conclusion

12 Oct 20:00	07 Sep 19:00
06 Jul 19:00	08 Jun 19:00

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