Loading ...USD Intermediate Cycle
Unless my Cycle timing counts are wrong, it sure looks to me like the USD just had a Failed Trading Cycle on day 10 (i.e. USD just made a lower low than the last TC Low ~ see my small green line break). This usually indicates that it’s longer 5-6 Month Intermediate Cycle has topped as well just short of 3 months. We may bounce a bit but the final TC Low, on average, is usually between days 18-24.
One caveat, is the Fractal on the chart out of the late May IC Low. The first TC was 36 days into the TC Low before Brexit.
The current Fractal is also around 36 days, and while it looks very similar, having two trading cycles last this long outside of the normal timing band is very rare.
