Important events today:

13:30 UTC – USA: December inflation.

Yesterday’s meeting of the United States Federal Reserve provoked a USD rally against all major competitors. It could not have been otherwise, since the Fed had previously spoken about the transition to a strategy of tightening monetary policy and announced plans to start reducing the volume of assets on the balance sheet. The Fed warned the market in advance of just such an outcome, nevertheless, the market was still not ready for this, since only six months ago Powell argued that raising rates was only appropriate in 2023, and there was no question of reducing the size of the balance sheet. Against this background, further growth in the price of the pair is expected.

Decisions: Buy 114.44/114.20 with TP 115.00.