66.67% probability that EURUSD will trend downwards right now

Past performance is not an indicator of future results.
Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect EURUSD to trend downwards for the next 4 hours. Based on these past events there is a 66.67% chance of this. This will happen because the released value is > -14

Historical events that allowed us to draw this conclusion

22 Jan 10:00
11 Dec 10:00
11 Sep 10:00
20 Feb 10:00

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

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