EURUSD stays above a trend line from 1.3428 to 1.4157, and remains in uptrend. Further rise is still possible next week, and next target would be at 1.5000 area. Support is at 1.4650, followed by the trend line on daily chart, only a clear break below the trend line support could indicate that the uptrend from 1.2874 is complete.
For long term analysis, EURUSD had formed a cycle bottom at 1.2874 level on weekly chart. Further rise towards 1.5000 area could be expected in next several weeks.
