The EUR/USD is trading near the 1.39 market as we get into the 4/10 US session. This week's rally: 1) pushed above a falling channel resistance. 2) pushed above the 1.3875 resistance pivot.3) crossed back above the 200-100-50 daily simple moving averages4) was helped by a weak USD, which can be attributed to the dovish FOMC minutes released on Wednesday.5) shows bullish continuation (eurusd daily chart, 4/10)Overbought?This week's 4-session rally so far has brought the stochastic close to overbought area in the daily chart. Although we might see some near-term correction, the bullish trend since at least July 2013, is intact as long as the market while price is above 1.37.On a dip, the market might provide support in the 1.38-1.3820 area, which includes common resistance since Oct. 2013.Bearish outlook:At this point, the bearish outlook should be shelved until a break below 1.3640. That would clear below a key support pivot, a rising trendline, and challenge the 200-day SMA. Until then, the market looks poised to test the 2014-high at 1.3966, and perhaps push toward 1.40 before a meaningful correction.