Pair is hovering around $1.0900 levels and currently trading at $1.0893 levels.
- It made intraday high at $1.0907 and low at $1.0884 levels.
- Yesterday Fed kept interest rates unchanged at 0.25% to 0.50% in January.
- In the supplementary statement, Fed noted that it is "closely monitoring global economic and financial developments and is assessing their implications for the labour market and inflation, and for the balance of risks to the outlook".
- Initial resistance levels are seen at $1.0922, $1.0952 and $1.0988 levels.
- On the down side, support levels are seen at $1.0856,$1.0820 and $1.0790 levels.
- In US, focus will turn to durable goods, pending home sales and jobless claims data.


FxWirePro: Daily Commodity Tracker - 21st March, 2022 



