Important events today:

18:00 UTC – US: U.S. Fed Meeting.

The decline in quotations in the area of the nearest support levels is advisable to use for buying, counting on the strengthening of the U.S. dollar. The U.S. Federal Reserve will raise rates by 0.75% today and announce the need for further rate hikes at its next meetings.

U.S. 10-year government bond yields have broken through a 40-year downtrend and now stand at 3.56%. This trend signals a further rise in treasury yields, which will have a favorable impact on the value of the dollar as the Central Bank of Japan is not even thinking of raising interest rates despite rising inflation.

Recommendations: Buy 143.40/143.15 with TP 114.05.