The dollar is on day 3 of the new daily cycle.
The dollar is on day 3 of the new daily cycle.
The dollar demonstrated good follow through to the swing low formed on Thursday.
Since the dollar’s daily cycle runs normally 20 – 25 days from trough to trough, the dollar is likely to rally or the next 2 – 3 weeks.
The previous daily cycle for the dollar peaked on day 13 then the dollar trended lower over the remaining 11 days.
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