EURUSD is topping at 1.3042 on daily chart, key support is at 1.2865, a break below this level will confirm the cycle top, and further fall towards 1.2750 can be expected in the next several days. Near term resistance is at 1.3042, only break above this level may signal the resumption of the up trend. For long term analysis, EURUSD may be in long term bearish movement, a break below the key support at 1.2865 indicate long term bearish movement is underway, and further fall towards 1.2500 level can be seen in the next several weeks.
http://www.forexcycle.com/eurusd.html