As markets expected on Wednesday evening there was a lot of volatility, and all tis due to the FED decision about interest rates. Finally there was no surprise and FED announced first rates hike since 9 years. Volatility was high just after the announcement however movement was two-sided. There wasn’t so much unpredictable movements like after ECB event, which was in early December.

Beside EURUSD high volality was also at AUDJPY. During yesterday’s event there were an attempt of broke above resistance at 88.100. For 6 hours price remained above that level and declines were back. Currently price broke again that resistance and upward movement should be continued.

AUDJPY-M30

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Situation looks Clearly on AUDJPY at daily time-frame.

After sudden drop which was at August 24 (and broke below support at 89.250) price gains in value. New higher high and higher low are established. The movement took a form of uptrend channel. At any time, it may be an attack on the indicated resistance and it is likely that it will be successfully. The nearest resistances: 88.560, 89.250, 90.600. Important support 86.500.

AUDJPY-D1

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