The Federal Reserve's decision on interest rates was published yesterday. As expected, the rate was raised by 25 basis points to 2%. During the publication, we observed a sharp jump in the dollar on the chart. However, afterwards a FOMC press conference took place, during which the dollar began to decline relative to the basket of major currencies.
At the moment, we believe that this pair was given a downward impulse, which has not been fully implemented. We expect that the pair will go to the levels of 109.60 and after that can return to the upward movement.
