The closest support represented by this year's July low at 1.0808 managed to cap a sell-off for the second consecutive day on Friday.
Being a commodity-based currency, the New Zealand Dollar suffered from falling oil prices yesterday and declined more than anticipated.
The USD/CAD currency pair took advantage of slumping oil prices yesterday and made another step closer to the 2004 high, piercing the immediate tough resistance cluster.
The market woke up on Thursday, fully taking into account the Fed's monetary policy decision and, along with plunging oil prices, causing the AUD/USD to fall down the second support cluster around 0.7125.
The weekly PP and 55-day SMA failed at holding the losses yesterday, allowing the EUR/JPY to drop 132.65.
Yesterday the bullion depreciated very substantially, by losing more than $20 per troy ounce.
The USD/JPY tested the weekly R1 resistance at 122.78, but stabilised slightly lower at 122.55 yesterday.
Despite upbeat UK Retail Sales data yesterday, the GBP/USD currency pair extended its post-Fed slump.
As expected, the EUR/USD cross managed to successfully test 20-day SMA and weekly S1 at 1.0850/45 yesterday.
The New Zealand Dollar experienced rather serious volatility on Wednesday, but still ended the day with a 30-pip surge.
The second resistance limited the EUR/JPY currency pair's volatility yesterday, causing the cross to close trade 133.13.
The US Dollar took another step to reaching the 2004 high against its Canadian counterpart.
The Fed rate hike had low impact on the market yesterday, thus, the AUD/USD climbed above the 0.72 major level and met resistance in face of the weekly PP at 0.7232.
The Dollar plunged at the expense of gold prices on Wednesday, as the Fed Chair Janet Yellen confirmed the future pace of rate hikes will be gradual.
A group of SMAs helped the US Dollar extend its gains and retake the 122.00 major level, with volatility limited by the monthly PP and 20-day SMA circa 122.40.
Due to the Fed delivering no surprises on Wednesday, the markets had a rather mild reaction to the news.
EUR/USD registered a mild decline on Wednesday, just after the Fed announced a decision to raise the key interest rate.
The New Zealand currency was pushed even further down yesterday, with trade ultimately closing just under the immediate resistance.
The USD/CAD currency pair remained unchanged yesterday, as technical studies suggested.
Due to pre-Fed rate hike hype the Aussie lost its bullish momentum and declined more than 80 pips on Tuesday.
On Tuesday the EUR/JPY remained relatively unchanged for a third time in a row, as the immediate resistance cluster pushed the pair down.
The bullion traded with no daily change on Tuesday, even though attempts were made to surge in the direction of 1,070.
The USD/JPY rebounded from its intraday low yesterday, after the inflation data sparked more hope of the Fed raising interest rates today.
On Tuesday the Sterling suffered another gradual decline against the US Dollar, with trade closing only at the second support, namely the weekly S1.