EURUSD’s up trend from 1.4438 extends to as high as 1.5273. Further rise to 1.5350 area to reach the next short term cycle top on 4-hour chart is still possible and the next cycle top is nearing. Key support is at 1.5072, a break of this level will confirm the cycle top and indicate that the up trend from 1.4438 has completed.
http://blog.forexcycle.com/713/short...is-mar-4-2008/