$EURUSD

eurusd definitely headed lower. all time frames are down

 

I agree, I think we'll see it reach 1.1600 next week.

 

1.1555 likely to be tested during the week

 

It's certainly possible considering how bearish the pair is.

 

the pair opened with a 20 pip gap and has not shown any signs of filling it.

Wondering if it will fill it today and, if it does not fill it, does that mean that gap, is a breakout gap.
i lost a trade shorting and now i am long for a swing trade on M1

 

the price action so far is not very encouraging for eur bulls and after a long scalp i am short.

in any case a few pips rise will not reverse this down move eur is in

I am sure whether i should be mentioning my trades here and whether it would be deemed off topic?

 

I, personally, wouldn't be surprised to see it below 1.1600 this week.

 

today,29/05/2018 looks like a pull back day......but for the down trend to reverse, it will need to do quite a lot of work at around this area.....so i would not be surprised to see it below the level you mentioned.
if there is volatility, then we may see a bottom, but if it falls straight down, then there is agreement among market participants that the price should be lower

 

it is there already

 

Yes, it fell to 1.1520. I think the question is whether it will fall further next week.