The US dollar was still mostly weaker against its peers but it managed to advance against commodity currencies.
EURAUD has been trending lower and has recently broken below support around the 1.3800-1.3850 area.
The US dollar gave back some of its recent gains when Fed head Yellen sounded less upbeat in her second testimony.
AUDUSd has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart.
The US dollar got a boost from Fed Chairperson Yellen's testimony, as she confirmed that a rate hike is possible in their upcoming meetings.
AUDUSD bounced off support around the .7615 area once more and is now making its way back to the top of its short-term range visible on the 1-hour time frame.
The US dollar had a mixed performance as it consolidated to the yen but advanced to the euro.
GBPJPY has formed lower highs and higher lows, creating a symmetrical triangle pattern visible on its 4-hour time frame.
The US dollar held on to its recent gains as traders are hopeful that Trump can announce details on his tax reform plan soon.
NZDUSD recently broke past a descending trend line visible on its 4-hour and daily time frames, signaling that an uptrend is due.