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.
Swissie – approaching a 40 week cycle nest of lows, due this month.
CHFUSD is closing in on a 40 week cycle nest of lows. Notice the shape of this cycle since the 1.084 1 May 2024 low (the confirmed 18 month cycle trough), the uniformity suggests that the 18 month cycle trough level acts as support.
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