Based on past Germany ZEW Economic Sentiment Index news events there is a 83.33% chance of EURUSD trending downwards. We expect this to happen if the released value is > -26.4. A price movement of 69 pips is expected.

Historical events that allowed us to draw this conclusion

15 Nov 21:00	10 May 19:00
12 Apr 19:00	18 Jan 21:00
07 Dec 21:00

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