EURUSD may be forming a cycle bottom at 1.3428 level on daily chart. Further rise towards 1.3861 would likely be seen, a break above this level will indicate that the uptrend from 1.2874 has resumed, then next target would be at 1.4100-1.4200 area. Support is at 1.3428, only break below this level could trigger another fall to 1.3100-1.3200 zone.
For long term analysis, EURUSD had formed a cycle bottom at 1.2874 level on weekly chart. Further rise towards 1.4500-1.5000 area could be expected in next several months.
