The dollar formed a swing high on Monday.
Monday was day 8 for the dollar’s daily cycle. The dollar broke lower on Monday, forming a swing high and closed below the 50 day MA. The dollar also closed below the 10 day MA. This signals that the daily cycle is in decline to set up a left translated daily cycle formation. A left translated daily cycle would have bigger implications on the intermediate cycle, which I plan to break down in the Mid-Week Update.
Cycle Trading 
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