ZEW Survey Guide Highlights Timing and EUR/USD Volatility Ahead of 09:00 GMT
EUR/USD trades below 1.1800 as markets await the German ZEW survey at 09:00 GMT, with consensus at -5.0 versus prior -0.5. Initial coverage previewed weakening sentiment expectations and key levels: resistance at 1.1800, 1.1849, 1.1926; support at 1.1728, 100-day EMA ~1.1680, 1.1588. The latest analysis details the monthly release on the second Tuesday (10:00 CET), polling ~350 analysts, where historical surprises have sparked over 50-pip moves, driven by surprise magnitude versus forecasts.