Yesterday, the FED cut interest rates by 0.5%, sparking movement across various instruments that continue to influence the market.

Mark the news candle, as it will serve as a key resistance level.

Be alert for potential rejection and the price moving back toward 1.1050, which will be the first support zone to watch for any reactions.

Also, keep an eye on the upcoming interest rate decisions from the BOE and BOJ later this week!
Chart PatternsFundamental AnalysisTrend Analysis

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