Yesterday's anticipated breach of Friday's 1.2664 low confirms euro's recent decline from 1.3334 has once again resumed and outlook remains mildly bearish for weakness to 1.2590/00 but near term loss of momentum should keep price above 1.2550/55 and bring correction.  
On the upside, only above the aforesaid resistance would signal a temporary low is made and risk correction to 1.2725/30.