Germany ZEW Economic Sentiment Index News Event – a possible $180 opportunity on AUDUSD

If the released value is < -42 for the ZEW Economic Sentiment Index event, we could see a $180 movement on AUDUSD within 2 hours following the release at 10 May 19:00. This movement may form an downwards trend for 2 hours following the event release at 10 May 19:00. Historical events that allowed us to draw this conclusion

15 Feb 21:00
07 Sep 19:00
10 Aug 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”).