EURUSD breaks above 1.3658 key resistance, suggesting that a short term cycle bottom has been formed at 1.3313 on 4-hour chart. However, the rise from 1.3313 is treated as consolidation of downtrend, one more fall is still possible to1.3100 zone after consolidation, and a break down below 1.3313 will confirm the resumption of downtrend.
