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 19 Jan 21:00 if the released value is < 60. A price movement of 299 pips is expected. Historical events that allowed us to draw this conclusion

10 Nov 21:00	13 Oct 20:00
17 Mar 21:00	18 Feb 21:00

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