US Dollar update - 26 February 2025
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
US Dollar - downside structure looks mature in minimum of 80 day cycle trough zone.
240 minute. In Monday's Macro note we were looking for the 80 day cycle trough to arrest the decline. We think price is testing this boundary now, which has meaningful implications for the direction of DXY (up), but await confirmation.
