Trading Plan for EUR/USD and US Dollar Index for December 18, 2017
Technical outlook: The EUR/USD pair is again preparing to drop lower till prices remain below 1.1960 levels going forward. The pair has reversed lower from 1.1860 levels last week, which is also the fibonacci 0.618 resistance of wave (2) as labelled here. Ideally the pair should be continuing its bearish outlook towards printing lower lows […]