EURUSD traded in a range between 1.2803 and 1.3171 for several weeks. The price action in the range is likely consolidation of the uptrend from 1.2042. Support is at 1.2803, the uptrend could be expected to resume after touching this level. Resistance is at 1.3171, a break above this level could trigger another rise towards 1.3500.
For long term analysis, EURUSD had formed a cycle bottom at 1.2042 on weekly chart. Further rise towards 1.4000 could be expected over the next several weeks.
