AUDUSD may trend downwards from 11 Aug 09:00

We expect AUDUSD to trend downwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 75% chance of this. We expect this to happen if the released value is > 58. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

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