EURUSD Forecast:

The EURUSD failed to continue its bullish momentum yesterday. On h4 chart below we can see that price is now back inside my falling wedge formation indicating bullish correction scenario failure. This fact should turn the direction back to its major bearish trend targeting 1.3490 – 1.3400 area. Immediate resistance at 1.3650 area. Break above that area should lead us into no trading zone as direction would become unclear, but I prefer a bearish scenario with sell on rallies strategy.