| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 38% | 2.56% | |
| Shorts | 61% | 62% | -1.64% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
The Euro spent most of Wednesday in a positive note, thus approaching the combined resistance of the 55– and 100-hour SMAs at 1.23.
Strong upside risks started to prevail in the market late in the evening when the FOMC announced a 0.25% increase in its benchmark rate. Volatility was introduced in both directions; however, Euro bulls eventually took the dominant hand in response to a decrease in rate hike projections. The pair shot up 48 pips in one hour and subsequently reached a one-week high of 1.2370.
It is expected that the given upward momentum allays in this session, thus allowing for a minor decline. This likely fall should not exceed 1.23, as this level is supported by the 55– and 100-hour SMAs. In the meantime, gains should be capped near 1.2450.