EURUSD continues its upward movement from 1.2241

EURUSD continues its upward movement from 1.2241 and reaches as high as 1.2871. Further rise could be expected after a minor consolidation, and next target would be at 1.3000. Initial support is at 1.2750, and the key support remains at the upward trend line on 4-hour chart, only a clear break below the trend line could signal completion of the uptrend.