Based on past Germany ZEW Economic Sentiment Index news events there is a 71.43% chance of EURUSD trending downwards. We expect this to happen because the released value is > 59.6. A price movement of 71 pips is expected.

Historical events that allowed us to draw this conclusion

08 Dec 21:00	15 Sep 19:00
11 Aug 19:00	16 Jun 19:00
19 May 19:00

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