The dollar broke below the day 24 low on Monday to extend its daily cycle decline. The dollar is in the process of forming a bullish reversal on Thursday. Thursday is day 32, placing the dollar in its timing band for a DCL. The dollar is also overdue for an intermediate (weekly) rally. A swing low and a close above the 10 day MA will have us label day 32 as the DCL.
Interestingly, the Miners formed a bearish reversal on Thursday. Perhaps the Miners are sniffing out a pending dollar rally …
Cycle Trading 
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