The Fed hiked the rates for the first time this year and it left enormous impact on major currency pairs.
The support rests at 1.23380 with resistance at 1.23830 which both lines are above the weekly pivot point at 1.23190. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and above the EMA of 200. The RSI is rising towards the overbought area, the Stochastic is moving in high ranges and the MACD indicator is in the positive territory. The ADX is showing buy signal.
Long positions are recommended towards 1.24.

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