Eu hit a key Low. We are still bearish

Last week we saw a lot downward push from Eu. We had news from Wednesday to Friday. On Thursday Eu hit May 31 weekly Low. Eu is currently in bearish tread, and is expected to continue. This week, we are going to have a lot news again. We are expecting some retracement from last Thursday downward push. By mid week the market picture will be a lot clearer.