The dollar formed a swing high today.
This conforms with our expectation of the intermediate cycle being in decline and the dollar forming left translated daily cycles.
However there is support at the 80 level.
I would not be surprised to see the dollar tap dance here for a few days.
The support at the 80 level can be clearly seen on the weekly chart
The current weekly cycle peaked on week 9 and has been contained by the declining yearly cycle trend line.
It looks like if the 80 level is surrendered, the dollar is destined to test the previous cycle low of 78.60
Should the dollar break above the declining (red) yearly cycle trend line that would indicate that September was the (early) yearly cycle low.
Now, we are waiting on a break …
Cycle Trading 
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