Dollar Ready To Rally?

The dollar formed a swing low on Tuesday.

The dollar printed its lowest point on Monday, day 41 placing it deep in its timing band for a daily cycle low. A close above the declining trend line will have us label day 41 as the DCL.

It seems that the Miners are behaving like the dollar is emerging from a DCL.

The daily Miner cycle peaked on Wednesday and formed a swing high on Thursday. The Miners responded to the dollar forming a swing low on Tuesday by closing convincingly below the 10 day MA to signal the daily cycle decline.

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