Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a $220 movement on AUDUSD within 2 hours following the event release at 11 May 09:00. We expect AUDUSD to trend upwards 2 hours following the event release at 11 May 09:00 if the released value is > 72

Historical events that allowed us to draw this conclusion

16 Mar 10:00

16 Feb 10:00

19 Jan 10:00

15 Sep 09:00

11 Aug 09:00

16 Jun 09:00