I am still expecting the USD to find a short term Trading Cycle Low here but longer term the USD is running into some interesting resistance on my 2 year Weekly chart. The Blue line had once been strong support and now appears to have become resistance right near my Red downtrend Fork out of the Cycle High (thus far) back in March 2015.

I am not saying the USD won’t break through an go on to make new highs but it is running into resistance.

Note also how the 30ema is starting to flatten out, perhaps signaling a move into Stage 3?

USD 2 Yr

Here is an update on my 3 Year USD Cycle pattern (low to low). I have extended the chart out to April 2017 to perhaps where the USD may find its next 3 year Low. Time will Tell 🙂

USD 3 Yr Forks