EURUSD formed a short term cycle top at 1.3329 on 4-hour chart, and the fall from this level extends to as low as 1.2882 level. Deeper decline is still possible to retest 1.2764 previous low support. However, 1.2764 level will more likely be held, and sideways consolidation in a range between 1.2764 and 1.3329 is expected to follow next week.