Both FOMC statement and Yellen speech was encouraging in my opinion, but the market seems not satisfied with these.
Technicals are turning a bit bullish (maybe the payback for bad US CPI_figures).
1.1850 will be critical today. A reaction from this level may drag the price back again to 1.17s, or further buying interest might lift the price back to November highs at 1.19s.
Technicals are turning a bit bullish (maybe the payback for bad US CPI_figures).
1.1850 will be critical today. A reaction from this level may drag the price back again to 1.17s, or further buying interest might lift the price back to November highs at 1.19s.