We expect a $200 movement on EURUSD within 2 hours following the release of ZEW Economic Sentiment Index at 08 Dec 10:00. We expect EURUSD to trend upwards 2 hours following the event release at 08 Dec 10:00 if the released value is > 45.5. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

15 Sep 09:00

11 Aug 09:00

19 May 09:00

21 Jan 10:00

10 Dec 10:00