The USD is maintaining position on relatively strong ground around 107.30-107.50. We have another short term uptrend which is likely to cool off as US data is coming out in less the two hours. I would predict for the next 12 hours the pair will trade between 107.70-108.10. It may find a bit of resistance on that point as it continues on an uptrend. We can see a MACD crossover signal turning bullish again and also RSI is still in uptrend

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