The dollar’s daily cycle peaked on day 9, formed a swing high and then broke below the previous daily cycle low on day 12 forming a failed daily cycle. After a brief counter trend rally, the dollar broke lower. Monday, day 20, saw the dollar continue lower, breaking below the previous weekly low and forming a failed intermediate cycle.
The dollar did manage to close above the weekly support and the 50 day MA today. With the daily cycle on day 20, it is possible that the dollar form a daily cycle low. However there are bigger implications for a failed weekly dollar cycle. That is something that I discussed in the Weekend Report.
To help you stay on top of the events that are unfolding, I am offering a special 6 week trial subscription for $15. Click here for the trial subscription.
The Weekend Report discusses Dollar, Stocks, Gold, Miners, The CRB Index, & Bonds in terms of daily, weekly and yearly cycles.
Also included in the Weekend Report is the Likesmoney CycleTracker
Cycle Trading 
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