Trading plan for EURUSD and US Dollar Index for October 23, 2017

Technical outlook: As seen on the hourly chart setup here, EUR/USD has been drifting sideways potentially into a triangle setup after having rallied from 1.1670 levels since October 06, 2017. The entire drop from 1.2092 through 1.1670 levels can be termed as A or 1, while we are expecting B or 2 to terminate somewhere […]