Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 14 Jul 09:00 if the released value is > 60. 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