That cycle code 20190705 is the week of 3/4 processing date. That processing date is the day your tax return should have been completely processed by the IRS. The IRS will issue a refund by that processing date if your return has no issues. If your return has issues, the IRS will add a 570 hold/freeze code with that same date, and your return will go into review usually up to 45-60 days depending on whether you get a letter or call an IRS agent. I have the cycle date 20191105, and a processing date of 4/1. The IRS did update my transcript to 846 for 3/20, so my return had no issues, but I have seen some people with the same cycle date under 570 dated 4/1 already even though we are only at 3/19.