Despite yesterday's rise to 1.2298, subsequent retreat in New York session due to Moody's Investors Service downgraded Greece government bond ratings suggests the corrective upmove from 4-year's low of 1.1876 has possibly formed a temporary top there and choppy consolidation with downside bias would be seen for weakness to 1.2085/90 and then towards 1.2045 support.    On the upside, a breach of 1.2255/60 would signal pullback is over instead and yield resumption of aforesaid upmove to re-test previous daily resistance at 1.2355.