Yellen continues to answer questions
Some recent comments:
The EURUSD has moved back down.
The USDJPY is back up and making new session highs.
Right now, the markets are fighting it out. It is paying attention to technical levels, but what is clear is don’t fall in love with anything at the moment. The market is digesting the information and quite frankly it may not know what to do until the data starts to flow. Even then, it will not fully be clear. The Fed will have to tell us more. I am not sure those questions have been fully answered yet.