The dollar formed a bearish reversal on Wednesday. Wednesday was day 33 for the dollar’s daily cycle. That places the dollar in its timing band for a daily cycle decline.
The dollar delivered bearish follow through on by forming a swing high on Thursday. A break below the accelerated (dashed) trend line will signal the daily cycle decline. The dollar should go on to break below the rising blue trend line in order to complete its daily cycle decline. The dollar is currently in a strong daily uptrend. The dollar will remain in its daily uptrend unless it closes below the lower daily cycle band.
Cycle Trading 
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