€/$ the cycle

In the last 2 years, €/$ had three strong rebounds.

1) 2015 Mar-Aug- low to top: rebound length was 23 weeks, 161 days, approx 12%

2) End 2015-May 2016: rebound length was 154 days, 22 weeks, approx 10%

3) Actual rebound since January: 140 days, 20 weeks approx 9%

Summary: if history repeats, €/$ has 2-3 weeks of time before topping