The key resistance at 1.2641 is broken above and EURUSD bottomed at 1.2483 on daily chart. The pair is now in up trend, and further rise above 1.2829 previous high to reach the next cycle top can be expected. Key support is now at 1.2524, only break below this level may signal the reversal to the up trend. For long term analysis, the pair is forming a side ways consolidation in a range between 1.2457 and 1.2978, the consolidation ended at 1.2483, and the up trend resumes. Further rise above 1.3000 level to reach the next cycle top on weekly chart can be seen in the next two months.
http://www.forexcycle.com/eurusd.html