EURUSD is in up trend and more sharply rise towards 1.3500 level is still possible next week. Near term support is at 1.3150, only break below this level may signal the reversal to the up trend. For long term analysis, EURUSD would move above 1.3668 (the top of 2004) to meet the next cycle top on weekly chart and we predict the next cycle top would be after January 2007.
http://www.forexcycle.com/eurusd.html