The dollar found support at the 200 day MA on Thursday. Thursday was day 26, placing the dollar in its timing band for a DCL. A swing low and close above the 50 day MA will signal the new daily cycle. We will use a close above the 10 day MA… Read on blog or Reader Cycle Trading Read on blog or Reader Dollar Finds Support likesmoneystudies May 16 The dollar found support at the 200 day MA on Thursday. Thursday was day 26, placing the dollar in its timing band for a DCL. A swing low and close above the 50 day MA will signal the new daily cycle. We will use a close above the 10 day MA to label day 26 as the DCL. So, it is possible that we will see the dollar rally into a new daily cycle.   In the Weekend Report I plan to discuss the longer term, Intermediate Cycle -- here is a hint. Comment Like You can also reply to this email to leave a comment.

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