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Cycle Trading: Weekend Report Preview

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Dollar The dollar's daily cycle peaked on day 13. The dollar then formed a swing high the next day, lost the 50 day MA as it begin to decline into its daily cycle low. This past week the dollar back test the 200 MA before breaking lower. The dollar printed its lowest point on Friday, which was day 25. That places the dollar late in its timing band for a daily cycle low. Friday's bullish reversal has eased the parameters for forming a swing low. A break above 95.19 will form a swing low and

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