The single currency has fallen after meeting renewed selling at 1.1982, suggesting the correction from 4-year low of 1.1876 has possibly ended earlier at 1.1992 and consolidation with downside bias would be seen, however, breach of said support is needed to extend medium-term downtrend to 1.1830/35 before prospect of a strong correction later.    On the upside, a breach of 1.1992 would bring stronger retracement to 1.2045/50 and possibly towards 1.2079.