The USD is mixed across the board, down against the EUR, up against the CAD and AUD and sideways against the JPY. EURUSD is one of the strongest currency pairs in the past few days, so we can assume that the USD will rise across the board if EURUSD turns down. Well, before we look for a complete uptrend on that pair, we need a completed Elliott wave structure.

Looking at hourly chart, we see a fifth wave in progress, but in the very late stages of an uptrend. 1.1400 is a very important resistance area where bears could cause a turning point.

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