eurusd definitely headed lower. all time frames are down
$EURUSD
- Thread starter dealmaker
- Start date
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
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?
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?
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.