Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 48 hours following the event release at 11 May 19:00 if the released value is < 72. A price movement of 82 pips is expected. Historical events that allowed us to draw this conclusion

13 Apr 19:00	10 Nov 21:00
14 Jul 19:00

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