Its About Time

oohttp://postimg.org/image/65aq6b7qt/

Tuesday was day 22 for the daily dollar cycle. The dollar’s daily cycle normally runs 18 – 25 days from trough to trough. So the dollar is in its timing band to print a daily cycle low.

$$$ Dailyhttp://postimg.org/image/jy4ahk8u9/

The bearish reversal on day 21 still stands as the cycle peak. A swing high this late in the daily cycle has a good chance of marking the daily cycle decline.

The dollar has also entered its timing band for an intermediate cycle decline.

$ USD weeklyhttp://postimg.org/image/w19m54jwh/

The dollar has printed another higher high this week. Week 18 begins the timing band for an intermediate cycle low. The dollar is on the verge of a daily cycle decline. Following that decline a new daily cycle should extend the weekly cycle out by about 6 more weeks to accommodate for a failed daily cycle to print.

Also notice that the EURO is getting late in its weekly cycle. The EURO is due to begin a new intermediate cycle. Which should coincide with the intermediate dollar decline.

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