EURUSD Forecast

The EURUSD was indecisive last week, made a Doji on weekly chart. The bias is neutral in nearest term. My overall technical bias remains to the downside but price is still consolidating and need a clear break below 1.2947 to continue the bearish scenario testing 1.2873 even lower. Immediate resistance is seen around 1.3100 followed by 1.3145/60. A clear break above 1.3145/60 could trigger further bullish correction but any upside pullback now is normal and as long as stays below 1.3281 I still prefer a bearish intraday scenario at this phase with sell on rallies strategy as a part of the bearish scenario since formed a double top formation around 1.3520/30 and the break below the bullish channel as you can see on my h4 chart below.

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