This market seems to wait for a pushing signal in order to take direction but according to the indicators on the chart, it will probably take an upgoing direction in middle-term till meets 109.90. Keep SL at 105.50
They said they prefer a balanced rate hike but normally this kind of communication is preferred in order to get a bigger impact on the market once that will be made the change. By this way, they don't let investors make investments in order to avoid big sellout at the rate hike as it happened last year on 15 of march. They got more than 150 pip in less than 3 hours and this event brought the market even lower in the very next days.