EURUSD has formed a cycle top at 1.4304 level on daily chart, and the rebound from 1.4007 is treated as correction of downtrend from 1.4304. Pullback towards 1.3748 previous low would more likely be seen next week and a break down below 1.4007 level will confirm such case. However, above 1.4304 level will indicate that the uptrend from 1.3748 has resumed, then further rally could be seen to 1.4500 zone.
For long term analysis, EURUSD might be forming a cycle top at 1.4338 level on weekly chart. Key support is located at 1.3748, a break below this level will confirm the cycle top.
