Time cycles change all the time, so I have no interest in putting too much faith even in something as consistent as the US dollar time cycle. However, I am very interested in the 618 level at ~ 84, should the 93 - 95/96 level be compromised. The absolute most ideal trading pattern for me would be congestion within a as drawn in the chart.
The US dollar (DXY Index) is down -12.09% from its peak, and -4.6% since publishing this idea. However, the downward momentum will not last forever without some buying pressure. The consolidation forecast seems to be intact for now as I see some support coming up soon, but not enough to restart its bullish trend.
Watch out for the 90.60 level, which implies selling pressure at 1.2130 - 1.2140 on EURUSD.
If you want more updates on this trade I will be tweeting them. Find me there. Twitter handle is in profile