Loading ...USD Yearly Cycles
With Friday’s move, the USD confirmed for me that May 2015 hosted a YCL for the dollar. The red down trend line is also my 3 Year Cycle downtrend line but I am not willing to concede just yet that the USD’s 3 Year Cycle low is in just yet.
Call me stubborn but on a shorter term basis the USD should be moving into a short term Trading Cycle or Daily Cycle low very soon (I have the USD on day 21 on Friday).
After that TCL/DCL the USD will need to test that line again and that will be the moment of truth on the USD’s 3 Year Cycle, IMO.
