
The dollar closed above the converging 10 day MA and 200 day MA on Thursday to signal that day 26 hosted the DCL. Then the dollar lost both of the 10 day MA and 200 day MA on Friday to cause the status of the daily cycle to be uncertain.

The dollar closed back above the converging 10 day MA and 200 day MA on Monday. The dollar delivered bullish follow through on Tuesday, turning the 10 day MA higher, to confirm that day 26 was the DCL. We will be watching the declining 50 day as the dollar rallies out of its DCL. How the dollar reacts to the declining 50 day MA will signal if the 3 year cycle low has been set or is it still out in front.
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