EURUSD’s upward movement extended to as high as 1.2867. Support is now at the rising trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.2950 area. On the downside, a breakdown below the trend line support will indicate that the uptrend is complete, then another fall towards 1.2200 area could be seen.
