Germany ZEW Economic Sentiment Index News Event – a possible $150 movement on AUDUSD

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $150 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards for 2 hours because the released value is > 32

Historical events that allowed us to draw this conclusion

21 Apr 09:00
10 Dec 10:00
12 Nov 10:00
15 Oct 09:00
17 Sep 09:00